Hello BP! I am in the process of obtaining a HELOC. My strategy is to use it to purchase properties cash ( I am looking for duplexes or anything that is 2-4 unit as opposed to SFR in Milwaukee) using the HELOC and the...
Hey!! I currently own a cute villa 2/2 in West Palm Beach Florida, in a 55 and over community. PROS of this villa: Great tenant, villa has appreciated 100k in 5 years, low HOA fees, locked in a Low interest rate. CO...
Question: Would you pay market value for a house IF the seller was willing to finance your entire purchase?• 0% INTEREST RATE 15 yr Term• New Construction• Monthly Cashflow of $0 after leased slightly under market.I k...
I am currently trying to buy a duplex with one side owner occupied. I am running into many properties that have long term tenants who are not paying fair market rent. In fact, they are paying usually 200-300.00 a mo...
Dear BP family.I'm thinking about doing direct mail marketing. I got like a stack of them from other investors and have been studying their messages. Some are obviously doing a 1031 exchange. What is interesting is...
I am a newbie and was wondering how wise is it to self-manage a 1-bedroom condo in a decent neighborhood? I looked into PM services, and based on my calculations, 25% of my net cash flow is going towards PM (factoring...
I read a listing that described a property with a tenant base of approx 30% subsidized that stated there was significant upside to declare the property section 8. How's that work? Market rent's won't command higher ...
Has anyone tried requesting a sec 8 rental increase but the rate comes in lower than the current rate? Would sec 8 decrease the rent to the calculated fair market value of rent or at worst case scenario remain the sam...
I’m looking to purchase a distressed 3 unit triplex in Jeannette/Penn area. The units are very large 2 bedroom, one is move in ready the others need some rehab. My biggest concern on the property is getting renters wi...
What are some key questions to ask a owner when making a deal in wholesale?