David C.
Rental property problem
Hello BP,I am not sure if this is the right forum but I am hoping someone can help. A friend of mine is stuck. He owns a two family property that he bought as a house hack back before the crash. He has since moved out...
Greg Lawrence
Best use of equity for primary residence
My wife and I are looking to secure our finances in addition to our employer match 401k investments. REI seems to be a great way to diversify and start seeing returns on a shorter timeline than 30 years. We're conside...
Stacy Brooks
Looking for advice on financing our fixer upper
We purchased and rehabbed a house with cash and a personal line of credit with a total investment of $39,000. The house is now worth around $75,000. The house has been on the market for almost 2 months and the carry...
Sarah Lyon
Brother wanted to sell a fully paid-off home, so I bought it
Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $60,800
My angel of a mother passed September 2017 and left her home in Jacksonville NC, home to Camp L...
Mo Sylla
Wholesale or real game
Honestly,i am sick and tired of wholesaling. I don't think it is a creative strategy at all. So called investors go sell their souls hard-to the hard money lender-who slaps them with usurious type rate and ridiculous ...
Matt Towner
Using QDRO to transfer my 401(k) to self-directed IRA
Hi Everyone!I’m new to BP and have been searching for commercial real estate for the past couple years to use as a “House Hack” of a different color. That deal has finally been found and we’ll be closing before the en...
Nicholas N.
Negative cash flow - when/how to get out?
Hi All,
I purchased a condo as a primary residence in 2005, but it became a rental after I had to relocate. Since then, rents in the area have decreased resulting in a negative cash flow on the property. Property val...
Sharon Rolel
Fire in property - what are my options?
Hello everyone,
Last month I was notified by management that one of my properties had a fire, probably started by tenant according to them and the police. I just received a healthy windfall for my troubles, and no on...
Sebastian Garcia
THINKING OF BUYING A FIX AND FLIP PROPERTY
Hi, just checked out a deal in Puerto Rico, its a fix and flip property, the asking price is $75,800, could resell for $100,000-$110,000. How do I analyze this deal with a cash offer? I think that with $8-10,000 in re...
Joe P.
One radiator doesn't work, but the rest do?
Hi all, hoping someone can help me. My upstairs unit heat is working great, except in one room (middle bedroom).No heat was coming out of it when I got the property, but my heating guy flushed the system, bled the rad...