Hi BPers,Here is the scenario. I purchased a primary residence in 2010 for 190k. Zero down VA loan 4.5%. Home became a rental in summer 2012. Similar homes are now selling for 225k. (Conservatively) Current loan bal...
Investment Info:
Condo buy & hold investment in Cape Canaveral.
Purchase price: $255,000
Cash invested: $90,000
2/2 condo 1 block from the beach with pool.
What made you interested in in...
I have a rental property with a 4.75% interest rate. My plan is to pay it off over the next 3 or 4 years and enjoy the increased cash flow. I am 60 and retired.However, I have heard it is unwise to have a fully paid...
I own a property zoned RM (residential multifamily) near Highland Drive. It currently has a duplex on it and sits on 1/3 of an acre. There is potential to tear the duplex down and build an 8-plex on it. The only probl...
I'm still trying to figure our how to structure my acquisitions.Do I purchase 50 properties and place them all in the same LLC? Purchase them in separate LLCs?My lawyer doesn't like that idea. He would like me to set ...
Hey everyone,I'm curious on your thoughts. I have an existing healthily cash-flowing rental portfolio but my current strategy is to buy SFRs in solid "B" areas in a steadily growing region. Once I rent them and refina...
I bought a property from a sheriff's sale only to find that the property has an oil tank leak from an above ground storage tank in the basement. It was never disclosed that there were environmental issues during the ...
So one of my tenants decides to make a complaint at Board of Health on me without even contacting me first. So of course they go in and find a whole list of violations, most of them typical which I would repair anyhow...
So I am licensed in CO and am starting to get into actually flipping property. I have a client I've done some deals with (he flips houses) who has done very well and is on board with me getting more skin in the gam...
My father paid his property off and just pays taxes and insurance. He is willing the house to me when he dies (God forbid) and he continues to try to work these labor jobs that are killing him. My idea is for us to ...