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I often hear people say “I only had $10,000 and I was able to buy a duplex in a nice neighborhood with an FHA loan, you can do it too! It’s that easy”. Seems like this is disingenuous. They leave out closing costs, em...
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Hi Y'all,I am 29 and married. My husband and I both have regular W2 jobs. I work as a Nurse Practitioner, he works as a manager of sustainability for a large company. We've grew up in southeastern CT and recently m...
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Hello BP,I have a question. I am interested in purchasing a turnkey rental out of my market and I'm looking at providers in cashflowing markets. I wanted to know how much in a cash reserve is recommended on these ty...
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Understanding Cultural Differences
Knowledge is power for helping Hispanics achieve the American Dream.
By Tony Cohen-Enriquez
In what can be seen as a growing trend, George Porras with Remax Master in Covina gets ...
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Hi BP,This is my first rental I'm land lording. The home has a second story balcony attached to a bedroom. This balcony has a loose-ish railing and a semi-soft spot in the corner. Because of this liability, I don't wa...
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I will be self-managing my own property starting in the new year. I've seen articles for documentation to retain as a landlord, but I want to ensure I provide my tenants will all needed documentation as well. My hop...
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Hopefully get some good response for my question. My mom is retiring soon and has a little money put away in a 401k. I have been trying to figure out the best way to re invest the money as well as the easiest way to l...
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Hi Everyone, It's been a bit since I posted. I have been doing the BRRR method for the last few years and so far have been successful. I'm up to 5 SFR each with at least 100K equity but with rates at today's highs ...
Very basic question here. I'm looking to get started with a very cheap rental, maybe 60-70K purchase price. I can scrape together enough money for 25% down and a little reserves without taking on any additional loan...
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I've heard that you should never buy a property that you cannot afford to pay the entire mortgage(from your W2 job income) if you were the only person living there.
But obviously that must go out the door once you ...