David Gogs
Have your parameters for new purchases changed in 2023?
In the last two years, home prices have gone up 30-40% in my area and rates are at 7-8%+. It seems like the only options are to either sit on cash and wait, or buy using different parameters than in the past.
I used ...
Peter F.
Trying to Figure out Where to Start
How would you start investing if you and your wife had $100,000 to invest in SoCal? Note: she wants a yard for the dog and a decent neighborhood for primary residence. We're open to moving and/or purchasing out of sta...
Andrew Terry
Jumping All In
So here’s my first purchase experience so far. On the house.
PP: 40K
Rehab Estimated:40k
ARV: 135k
FMR:1200
Wrote up a contract and got it signed with 30 day closing. Started working with lender and title company...
Andres Reales
What are the most common challenges that realtors have?
What are the most common challenges that realtors have? if there's one challenge that most of the realtors have, what would that be?
Babu Ramadoss
Cash on Cash returns or Long term appreciation?
Hi
As I look to invest on real estate and try to decide on an area to invest, I am caught between two parameters : Cash on Cash ROI v/s long appreciation rate. Places that have a higher appreciation rate have a h...
Lou Francis
using your cash to payoff a rental property
GOOD MORNING JUST A QUICK QUESTION ABOUT SAVING ON INTEREST PAYMENTS ON RENTAL PROPERTIES . WOULD IT BE GOOD IDEA TO PAY OUT A RENTAL HOUSE AND SAVE ON THE INTEREST ON THE LOAN OR LET THE LOAN RI...
Account Closed
100k in equity on rental property... what would you do?
Hi BP!New poster but longtime lurker/reader/researcher. I live in Aurora, CO and currently manage two properties:A 2/1 condo in Golden, CO owned by my familyPurchased in 2006, I lived in one room during college while...
Trevar James
Cash Out Refi or Hold the current Loan?
Hello community, I'm looking for a little advice. I just moved in tenants at my first rental prop. Its generating about $500 cashflow after mortgage, mat, and vacancy. I purchased the house as a foreclosure so after a...
Sam O'Brien
[Time sensitive] Advice on first rental property in Orlando?
Hi BP community, my offer was recently accepted on a SFH in Orlando and I would appreciate your thoughts / feedback on the financials to see if I should move forward. This would be my first rental property. I have unt...
Allison Karrels
Doubled my number of rentals this year!
At the beginning of 2015 I had 3 single family homes and next month I close on my 3rd home this year bringing me up to 6 rental properties! It has been a fun year and I am excited to continue to grow our long term ca...