David Zinn
#askbp 15-yr vs 30-yr mortgage
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
Stephen Dominick
Make the wife understand
I have been a BP student for a couple of years now. I have worked OT, sold my stuff on EBay, worked extra for a landscaper. I now have 15k saved up for investment. STOP!!! She wants to fix up the house we live in, m...
Carrie Cathey
Cash Flow or ROI? Which number do you focus on most in an investment?
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
Account Closed
For The Love of Pete Don't Syndicate your First Deal!
There has been a lot of activity in the forums about newbies syndicating real estate. I feel like someone needs to be a voice of reason here. Look, I get it. The allure of doing big deals and taking big fees for buyin...
Huiping S.
Can I reject a tenant with a service dog in FL?
This property is our personal former home and I list it by myself as a realtor.
One new headache needs experienced landlords help: one potential has good income, meet the criteria of credit score (close to 680) and m...
Damien Lee
Did I do something wrong? ATL, Ga Deal Analysis (awful returns)
Hi all,
I've just recently started looking into real estate investing and wanted to go ahead and start posting the deals I analyze. I’m currently not looking to buy this home (you’ll see why if you read) but I am loo...
Jaideep Balekar
Our 1 year journey to 22 units & $10,000/mo cashflow without OPM
Background:
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...
Wes S.
REO Offers Accepted
Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.
My goal is to give all of our BP friends a leg up in approaching their next REO...
Daniel Lehman
Pay off car loan or buy first rental?
So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...
Brandon Fuhrman
Cash flow or appreciation
I am a new investor and looking to get into my first rental property. I have a few different opportunities but my question is: for your first rental property, would you want something that cash flows good with bad app...