Harry Aiken
Help me understand. 100k scenario.
Condo: 100k. With a 20% downpayment of 20k. Ill have a loan for 80k. Closing cost of $3000Cash invested: $23,000Rent: $1500/mo or $18,000 yearMortgage $500/mo. Or $6000/year.Vacancy rate at 5%. $900/year. HOA fees are...
Jason Happe
15 year Loan Paydown vs 30 year Natural Appreciation
Do you like loan paydown in a 15 year mortgage with less cashflow (no need to live off of properties' cashflow)?Or 30 year mortgage with lower payment and more cash flow for use for rehab/maintenance?In addition to ou...
Chris Parker
Finally making my introduction
Hello Everyone!My name is Chris Parker and I've been lurking around BP for about a month now. I've gradually made my way from reading blog posts and searching the forums to listening to the podcast and finally making ...
David Rodick
Ethics of House Hacking Acquisitions
TLDR: The specific action of forcing a family with school-aged children to move with a month's notice during a school year, for no other reason than I prefer to move in, seems like a line that shouldn't be crossed.I a...
Nate Wentworth
Seeking Local, Experienced Investor
Hi everyone,This is my first post on BP, so I'll introduce myself:My name is Nate. I'm a senior accounting and finance student from Massachusetts who's interested in pursuing a career in real estate investing. I inten...
Ki Lee
Where to find high cap rate apartments in class B-/C+ areas
Hello BP. I'm a "green investor" from Orange County CA and I'm looking to do a 1031 exchange for my 3plex in Chicago for a property that can cash flow better. I'm doing research on different MSA to narrow down to 1...
Mike Scott-Smith
1st rental Property Venice, FL
Hello BP Landlord Community,My wife and I are narrowing down our list of our 1st rental property. Before we jump in with both feet and a checkbook I wanted some others to check my numbers and tell me if we are crazy ...
Robert Nason
Messy Children using common areas as a play ground
I have recently purchased a 12 family apartment building in Lowell Massachusetts. The previous owners were very lax in their policies and procedures and have let people run the building how they see fit. One of my mai...
Brady Mullen
Real Estate Investing and Traditional Financial Planning
I spend a lot of time thinking about how to apply my financial background (18 years as an independent financial advisor) to the choices we all must make about real estate. I'm talking about choices like renting vs own...
Cameron Ellis
Why you need Instagram!
I don't know about you guys, but I love Instagram! If your actively investing or looking to start soon I think Instagram is a pretty good app to use in your spare time, it allows to you connect with other via pictu...