I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
Hello BP,so I have acquired 3 turn-key properties since when I started in Summer and in process of closing on 2 more.Out of total 5, 2 are relatively close by (PA and NJ) and I have seen them and believe those are gr...
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
So I think the good news around real estate is only going to continue for some time to come. I believe we could see 5%-10% appreciation between now and 18-36 months on a national level and much more in local markets ...
We are buy and hold investors...invested in Las Vegas, 5 homes, before the boom and pop, and are holding the homes as they are positive cash flow. Next, we discovered a suburb of Houston, TX with newer homes, masterp...
The recent default of Houston apartment-building investor, Applesway Investment Group, has raised concerns about the impact of rising interest rates on real estate investments. The company borrowed nearly $230 million...
*** Disclaimer: I am not an accountant, lawyer, or financial advisor! You should consult with a qualified professional before acting on any of the opinions shared in this post!!! ***Self directed IRAs have become ver...
Greetings and Salutations BP folks!I found BP via Youtube starting with Peter Harris's videos and following suggestions. Can't begin to say how impressed and motivated I am to have found this community. Thank you!!I...
So we are just finishing up a beautiful house right now. Its a 3 bed/ 2.5 bath ranch style house with attached garage and detached garage in back both in wonderful shape.Fenced in yard with big above ground pool and p...
THis is very sad and disappointing!!! Please be respectful and share any advice.Pics belong to respected owners and I will try to link them to where I got them from........................................................