Hi All - so my wife and I own a vacation rental property on the beach that is 100% self-sufficient and pays for itself out of it's own bank account (that I opened just for that property and any other we acquire). We ...
I’m small business owner with no w2. Only loan I was able to qualify for my primary home was “business statement loan” with 6.25% interest rate. I purchased house 4 months ago and I put down 20% down on 149k house and...
In the BP vid below, Brandon is analyzing a rental property for cash flow and says that his cash flow will go from an initial $1200 to $1500 by year five, then to $2000, then jumps to $9.5k once the loan is paid off. ...
Hello,I am writing in hopes someone might give me some valuable advice on my current situation and the potential of purchasing a second multi family home.Currently I own and occupy one duplex and am on my 3rd year of ...
I've been hearing it for about 4 years. "This year is the big correction" "Any day now, we'll be buying houses for 40 cents on the dollar" "longest bull run in decades has to end soon" Let me elaborate and I'll finish...
Hello thereI have been posting in BP to seek your expert advice on real estate investment. As my previous post indicates, I have started to be (hopefully) a real estate investor. I have read few articles in BP and oth...
I'd like to know what my BP folks would do in this scenario. I owe $25,000 on 1 of my properties. I'm paying $220 a month on the loan (and an additional $90 in escrow for taxes so total payments are about $310). 13 y...
Hey Guys/Gals,After finally having had enough of CSC/Coin-match as my washer/dryer provider, I'm cancelling the contract when it comes up for renewal in March. New stackable washers/dryers can be expensive, so I thoug...
This could potentially be my first investment. I have been looking for multifamily properties for months now and to my knowledge and experience, nothing that fits my personal situation has come up yet but i do find my...
My co-investor wants me to do a bi-weekly schedule on a mortgage at 25 years amortization. I'm more comfortable with monthly -- I have three doors now and I tend to get all my business done in a certain time frame. Th...