Hi All, Looking to get some advice on an initial strategy. Sorry in advance for the long post! First a quick background on me, I've had a triplex in the past (2006-2016). Started out as a house hack, then moved away ...
So the main definition of net worth to my knowledge is, after selling all assets minus liabilities you get your net worth. I believe a lot of times when we try and do a quick net worth calculation for an investment pr...
Hello! What advice might you have for a first time home owner who wants to rent out his house in AZ and use a HELOC to buy a new primary home in the Midwest? Context:1.) My wife and I would love to experience a place ...
March 11, 2020
The situation with COVID-19 (“Coronavirus”) continues to evolve and markets are down sharply for a second straight week. The California Association of REALTORS® has processed all of the recent data a...
One key item I have learned so far in my pursuit to build a real estate portfolio is finding deals takes time and energy, and to find great deals almost comes down to being in the right place at the right time. With t...
Hello all, My name is Brian Akamine. I'm new to BP. I'd like to introduce myself to the group and also I have a question for advice.First, a little of my background. I'm a former SoCal native 35 years in a city called...
I own just one duplex that I purchased with a conventional loan and owner occupy. The mortagage is covered by the rent, plus I have $155 positive cash flow. I'm considering an FHA loan on a second duplex that I will...
Hey guys, rookie here. I've been studying property taxes so I can better analyze deals. I've only been researching in my county where I plan to make my first purchase so I don't know if it differs from other areas. So...
Getting close to buying my first single family home property and wanted some final thoughts on my projections and this property. I have a solid idea of where everything should sit, but getting final thoughts on the f...
Hi all. Long time lurker here, I've found a lot of value in the forum over the years - thanks for that.My wife and I are 32 and purchased a quarter acre of land near the beach in Mexico several years ago for 70k USD. ...