We got a tenant application for a 2006 single family house with monthly rent $1425. The applicant has a nice credit score of 702 and monthly income of $5000. Based on tenantsearch check, he has no criminal history a...
What are the medium and long term effects of the pandemic on the note business?My thoughts:Our business is not going away. There were lots of reasons this was a good business before and there will be for the future. D...
Economic Update
(Monday, August 17, 2020)
The pandemic has reinforced and exacerbated many of the inequities in our soci...
I have a opportunity to purchase one HOA deed at 25 cents on dollar. I can rent it out and negotiate with bank for clear title in the meantime. My cost is 35k for a nice condo, A property in B+++ hood worth 132k. Anyo...
Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
Hi all, I am new to BP and this is my first post. My goal is to buy a rental property (single family or multifamily) by the end of 2019. I’ve been listening to the BP podcast diligently and reading Turner’s book on RE...
Lets get creative!!
I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.
I'...