Hey BP,I've been looking around my area, and found an interesting property listing that I'd like to get your thoughts on.The seller is claiming 15k cashflow from this property. I inquired as to why anyone would want t...
We're exploring ways for my spouse (who does not have a full time job, but works 25 hours/week outside real estate) to qualify as a real estate professional as we build our short term rental portfolio. Curious if anyo...
Hi all,I am looking for some advice regarding renewing a tenant's lease that is set to expire soon. I reached out to them to renew and offered a 1 year lease at the same rent they are paying now or a month-to-month le...
Should I stop making extra payments on my mortgage?Before I started looking to invest, I wanted to pay my mortgage off ASAP. I always put extra money towards it. I wanted to accomplish 2 things1) pay my mortgage a fe...
I am wondering if building log cabin is going to create more equity vs buying an existing log cabin?How would someone approach analyzing it and what are the different things to consider? When is it generally better to...
I'm located near Dallas and I'm ready to start my REI investment journey, preferably starting here in Dallas since it's where I live. Any advice on locations whether it be STR,MTR, or LTR would be greatly appreciated.
Rookie question time. So, I have been poking around this site for a while and decided to sign up, because I cannot get my head wrapped around something. I understand how LLC's can benefit/insulate an investor if str...
Hi BP, so I know anything above 4 units technically falls into commercial. Is there any way to finance a 6 plex for 30 years given that I would be able to come up with 20% down payment? Thanks.
Does anyone acquire rental properties thru BRRRR strategy, using commercial loans for 1-4 units and does it work well? Talking with my commercial broker, it sounds like it would be a nice flexible way to build up my p...
Hello,I currently have a mortgage loan on my home. I have approximately 40k in equity. I am thinking about taking out this money so I can invest in a rental property. I am new to this whole real estate game. My qu...