My wife and I bought one side of a duplex (basically a townhome) and are looking at buying the other side so we have control of the entire building. A benefit would be that we could paint the brick and generally impro...
I charge a flat rate per occupied bed in each STR. About 18 months ago I increased the rate by 25% across the board for every property. $200 went to $250. Have you changed your rates?
What are some of the pros and cons of using part of your retirement account to create a self-directed IRA for investing in MF? I'm looking to start investing in and perhaps sponsoring a few deals asap this year and ne...
Who is late on their payments and what does it mean for the housing market? In 2008 the housing market crashed due to the high level of leverage, but laws have been enacted to prevent that from happening again. Right?...
Hello BP Community, I know I'm missing something (Or actually just flat out wrong) when trying to figure out this math equation of Mortgage (Principal and Interest). So I was hoping people here could educate me.I'm tr...
I'm being offered the "opportunity" to purchase Mortgage Protection Insurance for $85 per month on a $165,000 loan in the event I go to heaven so I leave a PAID OFF house to my posterity. The insurance payout would de...
Hello. I have a recent property that was purchased and being updated on a very large corner lot that has potential to be subdivided. As you can see in the picture below how I would break it out. The magenta is the fut...
My husband and I own 4 single family rentals. We have a personal home with a mortgage on it that we've paid down substantially over the years. We use a HELOC on our personal home to buy rentals with cash. We have so...
I am new investor and would like to pick the brain of folks who invest in real estate. I am particularly interested in understanding what criteria folks use to identify the the potential markets that they invest in.
Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?