An older friend (close to 70) owns a rental that makes a small positive cash flow.
There is an existing mortgage of about $15K which he could pay, but has been saving that $15K (and more) for down payment when he fin...
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It looks like it may be worth holding off on buying any more real estate. Check out what's coming in this article:
http://www.inman.com/news/2009/01/26/banks-unleash-flood-reos
Any thoughts?
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I am looking to buy my first investment property with a VA Loan. I was wondering if you all good analyze this deal with me. The property is selling at $194,000 4 Bedroom, 2 Bathroom Duplex with two car garages on th...
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I have been brainstorming what I believe would serve as a dual strategy to play the rental property game the right way. Combining a 1st lien HELOC in lieu of having a mortgage. The advantages of a HELOC over a mortgag...
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Intentionally waited till after the elections to ask this question. I’m looking for actual info. Anyone jumps on with political agendas I’ll dog them. Was watching a YouTube and they mentioned the fed can’t increase t...
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Hi, I am thinking to buy my first RE, but everyone keeps saying that big crash around the corner and it better to wait before getting into 30 year of overpriced loan. What do you guys think? Have some you been through...
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Hi BP Community,I've been lurking in the forums for about a month, trying to educate myself. Plus I've listened to at least a dozen podcasts so I at least know the basics (in theory). The good news is that I have been...
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Welcome BP compatriots! Another installment of my weekly brief, hopefully insightful, dive into real estate and financial markets, for all the kick ass dudes and dudettes out there.
Today We’re Talkin:
- The Weekly...
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When I am doing my calculations to see how a property may cash flow why do we only calculate the property management fee at 7-10% when in reality most property management companies charge a leasing fee of 75-100% of f...
For those of you familiar with the real estate market in the Detroit area, you know that this is prime opportunity to build a real estate portfolio.
Why?
Let me ask you this - where else can you routinely find singl...