Jonathan Studdard
Should I pay off my mortgage or re-invest my inheritance?
I'm inheriting enough cash to pay off my existing mortgage of a little over $180,000 and still have a little under $15,000 leftover. While the idea of having a paid-off mortgage seems awesome, I feel as though with th...
Evans Debeza
Looking for Honest Feedback on The FlipStress
Hi All, I am new to real estate investing and am looking for ways to help help me expand my knowledge and experience in the business as I look to grow my portfolio (currently have two properties, one ground-up, one fl...
Ivonne Pinedo
Negotiating Title Company's fees
Hello BPer's,I am closing on my second rental single family home this upcoming Tuesday and need advice on the title company fees. The first company just charged title insurance $472 and title settlement fee $125. Comp...
Ivy Sanmiguel
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello, would you please advice about this deal? Additional information:- I'm a FL reside...
Jacob Calbillo
Mobile Home Park development
I have a family friend offering me 7 acres of land for sale in Texas, 30 mins south of San Antonio. It currently has a new doublewide, a single wide and a pretty small lake stocked with fish. He is selling for $300k b...
Jason Malabute
THE TRUTH ABOUT CAP RATES
I realized this we investors (including myself) puts too much importance on the cap rate.
The cap rate is defined as, "used in the world of commercial real estate to indicate the rate of return that is expected to ...
Najib Aden
Building Credit
Hey BP-ers ! I'm a newbie so be easy on me. Someone told me that the best way to build your credit is to make small payments on your credit card bill instead of fully paying it off.If that's true should I make small p...
Collin Ricter
1st Property Problems
Good Afternoon,
I would love to get some input on my situation. We bought our first unit ( 3 BR x 2.5 BA) in February 2022 its currently rented out through March but is not cash flowing due to a few incorrect estimat...
Candace Ellison
Am I in violation of automatic stay?
The PM company was awarded a judgement against a former tenant. The Pm later went out of business. I then filed a motion to substitute party so I could collect from the tenant. The tenant was notified of my filing, fa...
Joe Salimao
Pulling comps
Hi,
How can one effectively pull comps on a property? Are there sites that you can use, besides zillow, that show you comps and the actual details of the property rather than just what it sold for? Obviously I will us...