It seems as if a large number of buy and hold investors try to use the 50% rule for their rental properties. I myself think the rule makes perfect sense and that is what I use also.
I would like to get everyone's o...
Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
Ok.. so I was able to pull $900k+ worth of HELOCs between 2 of my 5 properties. I decided to temporarily leverage some of that equity into a property Im flipping (ground-up/new construction) here in Los Angeles. Th...
FACT SHEET: Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supplyhttps://www.whitehouse.gov/briefing-room/statements-releases/2021/09/01/fact-sheet-biden-harris-administration-an...
Hello Providence!So I am looking to buy my first property (ideally sooner than later) ... My timeline could be 3-6 months if I went conventional, or much sooner if I went FHA through Rhode Island Housing. I have a few...
Hi BP,I have a rental where 4 young women (mid-20's) are renting out my 4-bedroom home in an A/B suburban neighborhood. Several weeks ago, a tenant's vehicle, a BMW, was stolen overnight, and at the same time a neighb...
Just viewed this property today, seems like it could be a good first investment property.The property is currently unoccupied, advertised as 1295/unit, I used 1200 to hedge a little. It is listed for sale at 199k, I ...
Hello BP Community,As a newbie I have found that making that big first decision or taking that "leap of faith" is the most difficult part. I have no doubts that I want to become a REI. I am not scared (maybe just a l...
Hello everybody,
Our tenants all of a sudden decided that the house they rent from us and loved, is no good for them anymore, and after sharing with us that the floor (laminate) is still "bubbling" (after we fixed it...
Yay for having Military Investing Forum!
Off the top of my head, these are some of the most common questions/answers/issues that come up when trying to use a VA loan to purchase a 2-4 unit property. Basically my only...