Hi all!Military couple new to the panhandle in our very first property! It’s a 4 unit- we do house hacking through a mix of leased tenants and STR. We originally planned to do leases only but pivoted to STR to maintai...
I have a variable annuity that represents 1/3 of my retirement assets. The other 1/3 is in a rollover IRA which I’m gradually converting to a Roth. I am 64 and would like to explore the best options (if any) of invest...
Hi - Financing experts, need help choosing between two loan options on the table. 1. Bank A is offering $400k for Prime + 1% (small local bank) 2. Bank B is offering $435k for Prime +1.75% (large national bank)All oth...
A shout to all the pro's out there! Any advice would be much appreciated.I've been on BP for about a week or less. It's been a great resource so far. I am totally hooked to it and ended up watching almost all the podc...
I purchased a 22 unit apartment building summer of 2018. The past owner did self management and was lax and inconsistent with any type of policy. He has been visiting the property and seems to be advising tenants on...
BP Family,I am closing on an 8 unit property this coming Friday. In 4 of the units, I will be collecting 875-950$ per month, which I'm ok with. In the other 4 units, the residents are paying 700$ a month (people who h...
The December 2017 Central Texas Housing Market Report is out from the Austin Board of REALTORS®. It was another record-breaking year for total homes sold, beating 2016 by 2.4%. Home prices increased 5.4% in 2017 in th...
I am purchasing a 5 family that has under market rents. One of the units will be empty and the other 4 units are being rented for $1,000 (3) and $900 (section 8). They should be on month to month lease when I take ove...
Greetings, all!I'm Greg Shinn, from Havre de Grace, Maryland. My wife Annie and I have been educating ourselves through reading, BP, and the local REIA in order to start REI.We haven't started yet (other than our home...
I'd like to get everyone's opinion on a couple options for financing BRRRR projects. I've got my first project completed and stabilized and am now looking at how to scale gradually bigger and do more BRRRR deals. My g...