Here's the skinny. We have an accepted offer on our first investment property! Duplex, $240,000.
How should we pay for it? We have so many options and my head wants to explode. :) We can pay the 25% down payment ...
Hello all, Can someone please advise me? I started buying rental property for years ago. my first purchase was an owner finance of two properties one being a duplex and the other being a single-family for 15 years. I...
Hey BP fam,
I’ll try to keep this short and simple. Have a primary home moving out of and analyzing whether to sell or rent. Stats:
-PITI: $1950
-Rent: $2750
-Current Loan Amount: $300K
-Current Value: $475K -$50...
I know putting your rental properties into an LLC reduces the personal liability of being a landlord. But, is it really necessary if you just own one, two, or even three properties?
Hi,
I did the four square method last night on my property. Please let me know if this is correct? I might be able to get $1500.00 per month for this property, so lets say $1500.00.
Rental Income = $1500
Vacancy = ...
I just did my first "different" type deal - my usual deals are cashflow heavy in the best areas I can get them. Typical houses in the suburb type area, then for MFH I have a duplex near college campus, a fourplex in a...
Hey y’all,
New to investing and just had a few questions.
1. What is the best wait to start building a team so when the time comes I know who to get a hold of?
2. For a BRRRR, do I go to a small bank first and get ...
I have a property that I have been renting out for about 6 years. The mortgage is $830 a month and I rent it our for $1850 per month. There is about 250k in equity. I am having to evict the current tenant for non paym...
Hi BP universe , I currently closed on my first house hack in Orange,NJ about a month ago . A 3-family investment property in which I will occupy 1 unit of course for a year or two . Currently renting a unit to the pr...
I'm looking to utilize a portion of my $100k + in equity in my personal residence to use for acquisitions and short term holds. I formerly had a HELOC that I used to flip properties with, but I have since sold the ho...