James Park
New Landlord. How to handle a situation when tenant cannot pay the full rent amount
I brought in new tenants to my townhome in the Chicago burbs three month ago, before moving to Atlanta.
Long story short, in July, I had an unusual storm in Chicago that put 6 feet of water in my basement. I have sp...
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Multifamily using down payment assistance
There are a number of seasoned investors on this thread, so I'd like to take advantage of that and post a deal I'm working on--in fact, using Charles Best's "Down Payment Assistance" strategy.
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Geoffrey Murphy
lower end rentals vs higher end rentals
Hey BP,
I have a question that has been on my mind for sometime now. I was reading a few threads from the archivsection on this but i still needed a little bit of clarification.
I notice that some investors invest i...
Patrick Fraire
Negative $800 cash flow/month to help family friend?
What’s up BP fam. I have a situation on my hands and am looking forward to getting your input. So my girlfriend owns a condo she recently moved out of. The condo is located in the city of Orange, California. She purch...
Chris Hill
Faster payoff, yearly lump sum or monthly?
I have a goal to pay off a large loan in 10 years. Let’s say I have 10K available to put towards extra principal every month. Would I end up paying the loan off faster if I did one lump sum payment of 120K per year, o...
Alicia Marks
QOTW: What are/ were your first steps to scaling your business?
Welcome to our new question of the week! As the newest market and economic data has rolled out the past few weeks, many investors are looking at decisions of how to move forward. Will there be deals in any market clim...
Logan Causey
Yield Curve Inversion, Buyers market around the corner?
I'm curious to know how many investors have been waiting and preparing for this time to come, I personally believe what's coming is going to be worse than '08 and would like to know the thoughts of more experienced in...
Raeshelle C.
Feeling hopeless. I need help
I want to buy a duplex and live in one of the units. My ultimate goal is to have a portfolio of real estate and be wealthy, but I want to start with a duplex I can live in. If I had $20-$35K I could start this path of...
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TimWieneke
Originally posted by "TimWieneke":I wish one of these REI guru's would just ________I don't know.....invest in property?
There's one thing JT does that I like. You give him the name of a town in an area where he's s...
Zachary Freeman
Cash out Refi and wait
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...