Robin Morales
Asking for a friend!
Hello Everyone,I will try to keep it as short as possible! Parents own a property in CA. The property is worth about 600k. They owe 217k on the mortgage loan and have about 45k in debt through CC debts and HELOC. They...
Andrew McManamon
Investing in Bitcoins
Hello BP,
I’ve seen numerous investors preach to invest in bitcoin. I thought I’d ask the BP community on whether or not it would be a good idea to do so. Some people say it’ll be a “trend” that’ll end, others say the...
Luke Masaschi
Planning an ADU & Raising Capital
So I recently did a BRRRR and am currently renting the home as an STR. I made the decision to turn the unattached garage into an ADU making the deal very very good once done. I have already ran all utilities from my o...
Jake Zimmerman
Pay off mortgage or rent
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
Devin P.
Major Septic Issue on Flip House
I purchased a foreclosure home to flip that was built in 2003. We are 1 month into the reno. The seller was Secretary of Agriculture so I assumed the house was foreclosed from a govt backed loan such as a FHA, VA, or ...
Tim Robbie
TIPS ON CASHED OUT RENTAL PURCHASES
Do I need to figure expenses any differently when purchasing SF or MF rentals with down payment money derived from a cash out refi on my personal residence?
Jeffrey A DeAngelis
Closing on my investment property - now what?
I had a mixed use property in the past. 1 commercial use and 3 apartments. I had that set up under a LLC. I will save the details but lost that property in a divorce. Fast forward to present - I will be closing on a s...
Tyler Gamble
Aspiring To Get Involved In Wholesaling and Real Estate
Hello,
My name is Tyler. I recently graduated college with a double Bachelor's degree in Anthropology & Religious Studies with a double minor in Philosophy and Asian Studies. During the stent of Covid, I was abl...
Kamran Rahman
Attn Washington Landlords - Have u sold ur rental mid-moratorium?
Given the the current climate due to the moratorium, AND a hot seller’s market, I decided I am selling my rental. I have 2 tenants and already gave them their 90 day notice, and am planning for them to leave within th...
Chris S.
"Renters" vs "Owners" Neighborhood - Recently Changed
I have been investing in a specific town and recently one of the business owners that has been there for 20 years + told me that "The neighborhood is changing from an owner neighborhood to a renters neighborhood". Me...