I live in Roseville CA and recently bought my first income property. I put 20% down and the rent covers the mortgage. I bought it for the long term equity appreciation. In the next couple of years I can probably make ...
Hi all,Thanks to BP I'm just about finished with my business plan to get serious about investing in real estate. My current holdings:SFH - Primary Residence: 85% LTV (10% conventional)SFH - Rental property: 84% LTV (F...
I have a fixer upper house which I bought for 4,000 in an upcoming area. I have contacted a contractor who suggested that we would partner together. The discussion was that if I buy the materials, he'll take care of t...
I get a fair amount of calls from sellers with little or no equity. Usually their loans are so bad and/or the house condition is not great, so I'm not able to see a deal. I have one in front of me now that loo...
Hello,For the past 6-8 months, I have been researching and monitoring raw land for sale in the Joshua Tree/Twentynine Palms area to construct a stick-built home as an eventual STR. The area has obviously seen incredib...
Hi Everyone,
I thought I'd reach out and introduce myself to the community. I'm a software engineer at PayPal. I just finished reading Long Distance Real Estate Investing by David Greene and it spoke a lot about Bigg...
Hello BP! I ask this question because at the moment, it seems like I'm just going to college to please family and friends. Plain and simple. I'm enrolled in my second year of college and I was originally going for com...
I am a new investor and looking to get into my first rental property. I have a few different opportunities but my question is: for your first rental property, would you want something that cash flows good with bad app...
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...