In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...
I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
So our first BRRRR property was moving along great. We paid cash and renovated and received a great appraisal. Lender said my retirement account would count as reserves (since we would spend most of our liquid cash on...
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
We are just about to complete our first spec home - a $650k single family ranch style home with 4 bedrooms and 3.5 baths. I always wanted to build new and despite my almost ten years of remodeling experience there wer...
More and more I'm hearing that STRs are going to be the alternative to hotels as it looks like a recession may be eminent. Curious to hear from the forum if you are seeing the same trends in terms of your bookings. ...
How are the short-term rental / AirBNB investors faring? At what point in the future are you seeing your bookings start to pick back up? Are locals picking up any of the near-term unmet demand? How are pure vacatio...
Hello,I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area. The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assi...
I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...
My husband and I discovered BP this summer and are ready to start invest! We have enough capital and are actively searching for deals and running the numbers. It’s exciting!
Anyone else got started at or around 35? ...