Michael Shenouda
How do you budget and breakdown initial seed money
Hello All,Still learning here so please bear with me!Assume I have finally gotten to the point I have $30,000 saved up and feel ready to get my feet wet in this RE game. I obviously can't use the entire amount as a do...
George Nyquist
Can I require tenants to pay for a home warranty? Should I?
I work for a small real estate management and development company in San Francisco, CA. We only manage our own portfolio. We are also always building several projects to add to our portfolio using our own long-term sk...
Shane Elias-Calles
Fixed Rate Home Equity Loans
Hello BP,Does anyone have experience using a fixed rate home equity loan on a primary residence to purchase more property? If so does anyone have an opinion on the risk reward of this strategy? Would it be worth taki...
Michael C.
Assuming negative cash flow -Does it make sense?
I have an opportunity to assume a loan on a SFH for very low cost, maybe a few thousand in fees to transfer. The issue is that the property will not cash flow as a rental. If I can get the house for essentially free ...
Jake C.
What Would You Do With $50K?
Put yourself in the shoes of a newbie, you have no other RE assets, just $50K in free cash. How would you go about starting your quest for financial security and success in the world of Real Estate?
Alex L.
City Charging More for Rental Registration Than Ordinance Calls For
Like a lot of cities, one of the ones I happen to invest in charges an annual $50 registration/renewal fee per each SFH. Typically I pay it, no questions asked, because why would I have any questions? However for some...
Victor Peng
Seller financing Down Payment of 20 Unit Apartment Building
I came across a 20 unit apt in Houston, TX. The owner has a mortgage on it that is not assumable.Is there a way to purchase the LLC that holds the building/mortgage or will that still trigger a due on sale clause? Or ...
William D.
Rental income after you refinance with a 30 year mortgage
BP!When you refinance a BRRRR deal at a 30 year mortgage, how does the payment on the mortgage work? Hopefully the rental income covers the mortgage and generates cash flow. However it’s a 30 year mortgage for xyz amo...
Jonno Rushbrook
The Biggest Mistakes You Seen Being Made by First Timers
Hey guys, absolutely love this site and everyone on it. I'm just about to jump into the Buy & Hold side of REI and just wondering if anyone has any classic mistakes that they would see a first timer like me make c...
Pete Fiannaca
Looking for HM Loan in NYS
Hey BP Network,
Hoping to get a few good leads here. I've got a problem, be it a good problem though.
My wife and I finally took the plunge and bought our first investment property. Small single family. Closed on 7...