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Results (873)
Scott V. Just put a deposit on a sports car. Am I a complete dummy here?
6 January 2020 | 165 replies

I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...

Matt M. How are you all achieving such high returns?
15 January 2014 | 18 replies

I'm in Canada. Cheapest places in the city I live in go for about 170k, and you couldn't get them for much lower than that (no distressed housing of any sort). Now, what you get for that 170k isn't much (an old tow...

Jason Turgeon Ranting and raving about mortgages in the time of COVID19
30 April 2020 | 14 replies

Use other people's money, they said. Leverage, they said. Harumph.
Mortgage 1: My personal residence (duplex) in Boston. With rates low, my promo rate on the HELOC expiring, a bunch of exterior renovations I want to...

Bianca Rodrigues Are single family investment properties worth it?
30 December 2022 | 26 replies

Hi BP community!What are your thoughts on purchasing a single family home, renovating it, living in it for a little over a year and then renting it to a long term tenant?I’ve heard mixed responses from different peopl...

Arpit Gandhi Is my mortgage broker trying to scam us?
23 October 2019 | 20 replies

Background:
We bought an investment property in a major city in USA. Our agent is the broker and also a mortgage broker as well. We have enough funds to buy the property in cash but we decided to put 20% down and get...

David D'Ambrosio Chronic Late Rent with Property Manager in Place
19 December 2016 | 30 replies

I have a dilemma I would like to pose to the crowd.  I have a sf rental in Florida with professional management in place that charges 8% per month.  I have four homes with them.  Three have been steady without any rea...

Kenneth Williams first deal fourplex questions
11 September 2017 | 25 replies

So I'm currently in the process of purchasing my first deal! A fourplex here in San Antonio for $108K (Owner wants of the rental game). My intentions are to perform the Brrr strategy so I will also be borrowing an add...

Caitlin Bushong First Time Home Buyer - Landlord Eviction
29 October 2023 | 20 replies

Hello!I am a first-time homebuyer. My wife and I are working towards owning our own rental properties and have been wanting to house hack. Our financial situation has been scarce as over the past two years I was worki...

Zack Reyes Newbie RE investor Long Island
17 January 2024 | 15 replies

Hello Everyone! And Happy Holidays!

My name is Zack! I’m 29 years old and I’m a newbie RE investor based out of Long Island, NY. I’m a Union plumber (going on 8 years now) and have been living at home rent free (th...

Bill Mitchell Will Cash Flowing Rentals Disappear When Interest Rates Increase?
16 March 2013 | 26 replies

As the topic states, will cash flowing properties disappear when interest rates increases?

Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...