Are there ever reasons to keep a negative cashflowing property? I have a decision to make.Here is my situation...Purchased: 2005 (We are 10 years into 30 year mortgage)Reason Rented: Moved to new home. This is our or...
Hello fellow BPers!I joined the site a few months ago to read and learn but have not been active yet. The information and motivation from this site has gotten me to finally get moving!After looking at dozens of potent...
Hi all, have been binging on BP podcast these days, I keep hearing Mr. Greene mentioning whenever he gets into a project with a partner, he prefers a "loan partner" rather than an equity partner. I am wondering how do...
It all started with the question "Can I buy an actual HOUSE (no condo or townhouse) in Southern California, let alone the San Fernando Valley, with as little money down as possible?
So far, the answer turns out to b...
I am thinking over 2 choices. Would like input, insight or opinions. I have a bay area SFH value ~$410K, bought 1 year ago for $385K with 20% down and put about $30K repairs into it. Has good terms, 30year loan with...
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
Hi BP People,I'm a Californian with a background in finance(stocks) who just recently caught the REI bug. I was analyzing my positions a few weeks ago when I realized I should probably start investing in real estate....
My 86-year old grandmother owns a home in which my uncle (her son) has been living for the past several years. Up until June of this year, she was living in the home, and paid the mortgage. In June, we realized she wa...
I am in a unique position. I have been studing real estate investing for 3 years and my husband is just now starting to see the potential. My problem is this, I am ready and the only thing that stops me is I am not t...