As a newbie I purchased a foreclosed home with cash at $22,000. The previous loan on the home was for $88,000. Comps for similar homes that are in good shape would be around $100,000. I have estimated that the cost to...
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Have a condo deal closing in a couple weeks.165k purchase price25% down$350 HOA$27 insurance Rent after repairs $1750Cash flow: $490COC: 13Now my question is, would you consider using an equity line of 110k, combined ...
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Hello BP! This is, obviously, my first post and I'm super excited about the BP community. I've poured over the forums and have already learned so much and have made quite a bit of work for myself. The amount of freely...
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Hello BP family, Just looking for any advice and or experiences with buying a turnkey property with a tenant already in place. Thank you.
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I have always done my own taxes using the forms off of the IRS website. I was considering moving to tax software this year. I would love to hear recommendations for the different programs that are available. I a...
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Hi! I am trying to venture out and buy my first single detached house to rent, rehab and sell. I have experience with with condos in the city buy and renting out but do not have experience with single homes nor rehabb...
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Hi, first post from a long time lurker. I have a unit with an open floor plan with a large living/dining area and a small kitchen off to the side, kind of like an L shape. There is no doorway to the kitchen, it just ...
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I'm new to the site and have been pouring through the content for the past two weeks.My wife and I are interested in out-of-state rental investment opportunities (we live in the Southern California) and need to match ...
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I just had a tenant move out and she took the cabinet doors under the kitchen sink (who knows why!). Overall, the cabinets are in pretty good shape so I'd hate to replace them all. Anyone have ideas on where to get ...
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Hello BP peeps,
I don’t know much about mobile home buying and selling. I’ve listened to all the podcasts and have heard several of them when they focus on mobile homes, but I don’t recall any of them mentioning my q...