Dear BP-community,I just finished David Greene's book "Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties". Before I had read the book, I was convinced that I wouldn't be...
In my experience I have noticed there are a lot of upsides to buying land and building new (construction loan) VS. the traditional find a home and buy it with regards to the STR strategy. I would love to hear others t...
Good morning ladies and gentlemen,
Back in early February I put an offer in for a two family. My offer was asking price, but my closing day would've had to be a month longer than usual. Well my offer was rejected. ...
Hello BP People,I’m in a situation where I have approximately $8k in car debt & $20k in school loans. I have about $6500 in my bank account and growing that by about $1000-$2000 a month. Would it be best to focus ...
I was just reading a post by someone and he mentioned the BRRR strategy.I like this approach but have a question on the refinance part of it.I am still a beginner and the idea i have so far is to buy a rent ready prop...
I've been browsing the forums and it seems that many people are into leveraging their money by buying numerous rentals looking for long term wealth. That sounds great... However, I want to retire ASAP. My SFH will be ...
When fixing up a property with the idea of getting top rent, I was wondering what some of you do to provide that little extra. Custom tile? Dishwasher? Etc.
Has anyone had any experience buying fire damaged property? If so, what are the pros and cons?
When buying a note at a discount (e.g. $100k performing I/O note for $90k), how do you classify the extra principal you get back when the loan matures? It can’t show up on the 1098/1099 since it wasn’t charged to the ...
Current lease by three tenants (joint and several) ends May '17. One tenant wants to leave sooner and he offered me a deal he calls "lease buy-out". Instead of him finding a suitable replacement (which I had agreed) ...