Jeff L.
The 10 mortgage limit: is it 10 LOANS or 10 PROPERTIES?
I can't seem to find a definitive answer to this.Some people say that the limit is 10 properties (not loans), so even if all 10 properties were under 1 loan, you would be at the limit. Is this the case?Also, does it m...
Gary P.
My first RE investment before the first rent check
My first post while riding the ripple of closing on my first investment propertyWhy?I followed the path I was taught since grammar school: go to school, get a job, live below your means, save your money, retire. While...
Jon Klaus
Double-digit rent hikes are on the way
http://www.marketwatch.com/story/double-digit-rent-hikes-are-on-the-way-2011-01-13
A perfect storm is brewing for rents to rise.
Some highlights:
"Multifamily developers broke ground on just 114,000 units in the Un...
Matthew Malley
Market Top - Sell - Hold - Refinance?
My STR market has appreciated significantly due to Covid and I am trying to evaluate the best way to move forward. I bought a STR in January 2020 for $170k. Since Covid, the area has exploded in STR rentals and home v...
Jeremy Bailey
3 Family Cash Cow with tons of equity: Keep it or sell it?
We've owned a 3 family rental for 10 years. It nets about $15k per year. We owe $113k and it's currently worth $350k-$370k. My wife and I are struggling with deciding to keep it or sell it. I'm a Realtor so the cost o...
Lissette Deleon
Rentals in not the best areas?
Hello BP Community,I am currently looking at properties for my first rental. I see that there are properties that are located in the not so good areas. Does anyone own rental properties in areas that are not necessari...
Mark Sam
$500,000 SFH & $200,000 Cash, 21 year old, What would you?
Hello, I recently got a $500,000 (full equity) condo in California and $200,000 cash. I am 21, have a 751 credit score. No Job, but planning to get a Computer Science degree as a margin of safety & then use it to ...
Fernando H.
Pay off Debt for higher DTI Ratio or Invest? HELP!
Current Debt.1 SFH: rented - $200 positive cash flow after paying off mortgage2 Duplex: rent one and live in another: $200 positive cash flow afer paying off loan3. SFH: *currently rehabbing* - free and clear - ARV 70...
Daniel Walker
A more conservative path to REI?
All,
I'm a young guy who hopes to get started investing in the next couple of years. My mindset (and my wife's) has always been to avoid debt like the plague. This of course creates a conflict when trying to use o...
Mike Sheppard
401k Question - To pull money out, or leave it
Hello everyone. I am new to investing and getting very close to finally getting my feet wet. Over the last couple of years my mindset has turned 180 degrees and I now look for investments rather than higher paying mor...