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I am looking to get out there and buy my FIRST property. I currently need to get qualified for a loan, but I understand that pre approvals only last a couple of months. If that is the case, how do you go about looking...
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I am researching STR and multi-family. I just watched a video by Avery Carl on STR analysis and had two questions.1. As she was determining gross income she used average daily rate and multiplied by 355 days. Isn't th...
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Just wanted to see what everybody's thoughts were. I'm working on a deal right now on a second rental property that if I complete it, I'm looking at around $1,100 per month in cash flow after expenses. My thought is t...
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My 1st property will be ready in 2 weeks - May 1st. Its a 1910's style SFH that will rent for $650 p/m which is right at, to slightly lower than market rate. The windows are the original wood and pretty much every o...
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I purchased a rental property in June with 20% down and financed with a conventional loan at 8.125%. Obviously, with rates dropping I am looking to refinance to reduce that rate. I have a loan estimate from a lender t...
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Hey everyone, I have a purchase conundrum on my hands... I currently have a 2 unit duplex in Echo Park CA that I purchased in 2018 for around $1 mil, renovated for another $75k. It has been fully rented at $3k per u...
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Hey,Looking for alittle advice on my situation. Me and my fiance purchased a 2 family house last November using an FHA. Purchase price of the home was 699k and we put down 10%. Interest rate on the loan is 7.25. (We b...
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Hey BP,I have been reading and soaking up as much information from BP in the past couple years as possible. I have still yet to make my first investment, however I am now in a position where I feel comfortable enough ...
Hi Everyone,Long time lurker here. I've been dabbling in rehabbing/flipping since 06' and even done a bit of wholesaling. I've retired my day job as GP a few years early to allow the younger gen's to come up. I remain...
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I find that most of my real estate investors get beat out on a deal by other investors who act quickly. Is there such a thing as being way too analytical instead of pulling the trigger? Which one would you rather be?