Jeremy Clarke
The Age Old Question...Sell or Hold?
My house by is worth roughly $385,000 i owe $233,000 on the loan. I bought the house in March, 2015. So if i were to sell the property today then my capital gain would be roughly $152,000. I lived in this house as my ...
Josh Miller
Questionable HOA, possible skimming going on
I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
Lindsey Leavitt
Rental Property Insurance, Fair Rental Value Coverage, Yes or No?
Hi there, I am switching over my 4 rental properties to a new insurance and nitpicking my way through the coverage. Some things will go, others will be added. My question is about the option of the Fair Rental Value C...
Account Closed
New credit report rules require 30 months of payment history
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...
Steve Smithy
Ultra-Cheap rented in Detroit?
I see a bunch of incredibly cheap properties (under $10k for SFH) in Detroit. They are currently rented for about $600/mo and appear fairly close to downtown. I know that people were fleeing the city before, but wit...
Mason Jeffries
Do I shell out for a washer and dryer?
So I’ve got a rental unit that has in-unit laundry hookups which is great. But only enough room for a stackable washer/dryer. Based on my own survey, most renters own the more common side-by-side(if they own any at al...
Gary P.
CD's, Turn Key REI, Stock Options comparison
A post in the landlording section inspired me to review and post numbers. One thing to think you are being honest with yourself, quite another to put it out there for critique by more seasoned investors.Putting my num...
Brody Swanson
Canadian Real Estate - First Property
Hey All,
I am looking to purchase my first investment property (Canada) and was wondering everyone's thought on the deal as I am not sure whether this is good or not the best. I was hoping to get it for around $300,0...
Javier D.
Please help me analyze my first multifamily deal (with some #s)
Good morning BP,Thank you in advance for reading my post. I have over the past 10 years acquired 23 doors consisting of sfh and duplexes throughout Florida. Right now I'm working on a 40 unit about 4 hours from me whi...
Sam LaGrassa
HELOC or Cash-out refi
I am getting my feet wet in the world of real-estate investing. I own a condo in which my wife and I reside. We bought the property for 820K with a 80% 7/1 ARM at 2.95%; 10% HELOC and 10% down. I have since paid off...