Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage.  Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr,  3.85 on 30 yrMont...

I'm reading Dave Van Horn's articleMaybe You Shouldn’t Start an Entity. Consider 4 Alternative Asset Protection Strategies Instead.And it got me curious. Almost everyone suggest getting an umbrella policy since it's r...

Hello BP,Dear Grandma is looking to downsize.  Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family.  The  main unit is a 3 bed...

Just prior to my first real estate investment in 2014, the 2% was heavily promoted by Brandon Turner.   Then more recently it was lowered to the 1% rule.  Now the current staff are promoting around .8%.   So interesti...

Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...

BP,

I don't believe this difficult, I believe this is very much doable. However, what makes achieving this goal so difficult for most investors? Seeing that "financial freedom" is the HUGE topic now a days. Why is it...

Hi BiggerPockets!I'm a programmer working in the Bay Area. Since the real estate in the San Francisco area is ridiculous, and ultimately unaffordable for me, I'm looking to do business outside of the area.I have a pre...

Hi all!          I am now exploring the idea of opening a bakery snack retail store. Currently in the process of looking for the perfect location.  I have no experience in commercial terminology and seeking help from ...

Hello all,New member here. I just found the website researching some stuff related to the issue below.  I recently moved (not far, just found a house I like better).  That leaves the question of what to do with my for...

Hi guys! Fairly new investor here, interested in MFH buy and hold and interested in (but haven’t yet used) the BRRRR method going forward. A little background - I currently own a 4plex in Waterbury, CT where I’ve live...