Background:
About 3 weeks ago, I had a fire in my home. I had been renting it out but tenant moved on and I moved in. No one was hurt (thank God). In any event, I had an electrical fire start in the wall while I was ...
if you're Purchasing 10-30 Year Buy & Hold Multifamily do you factor in Future Interest Rates? what happens to the property values when Interest rates rise? do they worth more or less? I just can not get my head a...
Im currently learning about the ways of RE investing, I've always had a niche for RE, but I am now taking action and working towards my dreams of becoming a rental property investor. Since late last year I've been doi...
Was wondering if anyone hear has taken a second mortgage (Heloc, loan, etc) on a rental property and reinvested the profits to get a better return without having to sell the property. Any success stories?
We're cancelling a line of credit on a property with no mortgage, because the required flood insurance is crazy expensive and won't help us anyway. Thieving bank want $100 just to end a $0 balance loan! This line is m...
A relative of mine is looking at selling his house in Las Vegas. I told him I might be interested in buying it to use as my primary residence. We talked and he suggested a Lease Option might be a better route. Althoug...
There has been some water cooler chats about impact to home prices in NYC due to the severe hurricane. Hurricane Irene, although much smaller in scale, did not seem to make an impact at all.
What do you think will...
Hello BPers. I have a guy that is selling his property he inherited from his grandfather (found it by driving for dollars). He passed about 15 years ago and the house has been vacant the entire time. It’s on 3 acres w...
Hi BP,I wanted to reach out to the community for input on how they analyze potential markets and what critical data points should be looked at before considering to invest in an area. So far I have used Census.Gov to ...
My wife and I are house hacking our first duplex which we bought and moved into in September. We inherited tenants with a lease through May of 2019. So far they have been good tenants,pay on time, no complaints etc. H...