Hiusing a 100K property as an example (turnkey), with a 25 year loan, 76K, 5.6% p.a. that would mean the first year roughly 4K interest, and the depreciation would be 100k/27.5=3.6K, so total 7.6K - 630 USD/month.Now ...

Good morning All, I am currently located in the greater NYC North Jersey market and I am looking to close on my first multifamily rental property within the next 3 months. The market here is expensive and make it diff...

This past weekend I was fortunate enough to attend my very first real estate investing seminar. The seminar, which held in my home state of New Jersey, introduced me to the concepts of REI Investing through the purcha...

I'm involved in my first flip --I purchased it on May 4th and finished re-habbing a couple of weeks ago. Having received a pre-approved offer at nearly list price (FHA), I was informed by the buyer's realtor that the ...

Is it normal to start freaking out after you purchase your first rental property?  I know I am seriously freaking out.  I hope that it's just the jitters from all of the new things going on.  This is the first propert...

I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...

I need to know how would you approach the following scenario.

You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.

Logistics wise, would it be bet...

Hello BPers,I have been learning as much as I can from BP for the last 3 months and had started reading about real estate a few months before that. At this point I feel stagnant. Over the last week I have been buildin...

I get solicitations from companies offering to legally reduce my credit card debt and get the credit card companies to accept a lesser amount as payoff. Supposed to be entirely legal. What are the criteria for doing t...

Hi everyone, I am new to the Dallas market and are interested in learning more about it. What are the key factors and risks to consider when investing in Dallas? Here are some factors I have thought about it. If you c...