I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
It seems like so many clients and friends I talk to want to get started in real estate investing. With all the accessible information (including from platforms like BP) interest is higher than ever.My question is sim...
As an experienced real estate investor and now also a private lender, I often get asked the question: "If I am a newbie and lenders don't want to lend to newbies, how can I get money for my first deal?"
Looki...
Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...
Victor Minasce has some compelling data suggested there may be trouble ahead for Short Term Rentals.
https://podcasts.apple.com/us/...
Hi BP. I find that the success of others inspires me and sheds light on what's possible. I have my why for wanting to create wealth... giving, family, travel, etc. and I assume others have their why as well.I would li...
I’m currently paying 3k/month for a one bedroom apartment in the Bay Area. I’m seeking advice on what would be a better investment option/smarter financial decision: to buy a home in the Bay Area, or to continue renti...
This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of...
10/23/12 UPDATE: The Influence System Has been Removed from BiggerPockets.
INFLUENCE & VOTING
We've established...
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....