Anthony Medora
Locust street duplex, Milw. WI
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $195,000
Cash invested: $30,000
My first purchase was made using a conventional loan. The selle...
Jorge Ruiz
Portfolio Mortgages Good or Bad?
Hello BP! Was looking at what different banks have to offer. Ran across something called a portfolio mortgage. This is what I am seeing:
Initial interest rates are lower than traditional fixed rate home loansYou'll e...
Carlos Alger
First year LLC, losses and no income. How to file?
Hello, I am hoping a CPA in the group can help me understand this as we are gearing up for taxes and I need some advice so I can make an informed decision. Our LLC files as a S-Corp. Normally if the business is profit...
Sean Dezoysa
Etiquette of selling to a REIA member directory
The Cleveland REIA member directory looks like a quality buyer's list: https://www.greaterclevelandre...I haven't joined yet but will shortly.I just wanted to ask how you guys would approach this list when you have a ...
Drew Steusloff
Rental Rate Data and Comps
Hi BP,
I am playing with the numbers on some potential deals and I'm struggling to come up with rental rates. I have primarily looked at listings on craigslist as well as rentals on sites like Zillow and Realtor. How...
Chris Thomas
To Probate or NOT - Parent's Home's Worth - Advice Needed!
First off, thanks for taking the time to read this post and provide advice. I'll try to be as detailed as possible. Sadly, our mother passed away recently. She lived in Irondale, AL in the neighborhood my brother and ...
Evina Nonato
Buying a Duplex that Requires Renovation
I am taking my first step into buying my first property and I am planning on buying a duplex - the cost is $135,000 and I currently have $30,000 saved as a down payment. I am pre-approved for a conventional loan. My...
Warwick Solow
Moving out of state. Rent out SFH or sell?
Hi everyone, I currently have a mortgage on a SFH in a decent area with around $40-50k market equity (refi one year ago, lived there for 2 years total). I’m planning on moving out of state within the year, and am tryi...
Ray E Sassaman
11-unit rental in PA
Hey all PB members! I have been listening to the BP Podcast weekly now for about the last 2-3 months. I have also listened to numerous webinars in the last year or so. To start things off, my brother and I have been l...
Matthew Rogers
Speaking with Property Owners
I'm in the process of searching for my first 4 unit. I'm the type of person that likes too know as much information as possible so I can make the best decision possible. When you guys purchase investment deals do you ...