we recently lost jobs, my husband will loose his in October. I have some money in a IRA. About 13kI own a condo rental in another state. It's in a killer location in Dallas. Rents for $900/mo. Old building near new st...
Hello BP folks! I believe in law of attraction. Last year I joined BP and included in my goal to add another property before the end of this year (2016). Last week, I received a call from my mother that she wants me t...
Hi, I recently added a 4th bedroom and an ADU to a property that was previously 3 bedrooms. I got all of the required permits, and have final inspections. What steps must I take to list this as a 5-bedroom house for s...
Hello, I am looking at buying a multifamily property with 4 units. I already have one apartment for rent, mortgage free, and I was wondering what is smarter as I need to get a loan for this new one:- smaller mortgage ...
Hi There,I have a single family investment property I am trying to rent in a gated community in the Brandon, FL (Tampa) area. I have used property managers in the past, but the relationship inevitably sours as they ...
In my area, rental rates have caught up to market home values. But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.
The n...
Hi! I'm a small investor in the DC area and looking to expand over the next few years. My day job, which I love, is all about managing REO programs for a GSE (I'm happy to help answer relevant questions on that front)...
What is your opinion?
Personally I think it is a terrible idea. It's just gonna slow the bleeding, at least until rates adjust again and we are back in the same situation. I swear, when I hear Bush promoting it I g...
The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
Let me start by thanking my parents, mentors and everyone in the bigger pockets. I came to USA in 2014 with just $400 and joined a 2 year Master's in Computer Science Program in NJIT,i completed this in just 10 months...