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Investment Info:
Single-family residence buy & hold investment in Fort Worth.
Purchase price: $242,000
Cash invested: $11,000
Purchased as primary residence, converted to rental at 2 year mark
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I am now embroiled in a situation at my Florida condo where I have been fined tens of thousands of dollars for violation of a new rule. The rule, imposed by the five-member condo board, says no one who lives here can...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $132,000
Cash invested: $3,960
3BR/2.5BA; 2076 square feet two story with the master BR on the main floor.
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So, I'm looking to get some advice on an issue that I am currently dealing with involving my "new" landlord. So me and my boyfriend have been living at the residence for 3 months on October 1st. Since the 11th of Sept...
What metric or ratio does everyone use to determine how much primary house to buy (rules of thumb)? From reading Millionaire Next Door awhile back, the author recommended total mortgage debt to be no more than double ...
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Hello Real Estate Analysts!I have $50,000 to invest in real estate.Question is: What if I rented out my personal residence for at least the next 3 years? Then used the $50k toward downpayment to buy a new personal res...
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Hello everyone, I'm new to BP as well as real estate. I need a bit of guidance please, what are your thoughts on purchasing an investment property before purchasing your primary residence?
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Hi there,I am in the process of purchasing a mobile home park. There are a few park-owned homes that I want to sell to the residents while holding the note.Has anybody done this? If so, would you mind sharing your c...
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I currently live in a home with my parents. The home is valued at around $425,000, and my parents owe around $287,000 on it. My parents want to turn this house over to me and have me run it as an investment rental pro...
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I'm obviously going to have my own emotions attached to the decision, so I'd like to ask what others would do if you're in a similar situation. My wife and I have both recently changed jobs, and where we currently liv...