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I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
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Hi Everyone!So one of my big goals is to own a large multifamily apartment complex. So thinking back to Rich Dad Poor Dad, instead of saying "I can't afford it", I've been asking myself "how can I afford it". I though...
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My buddy and I are looking to get into rental arbitrage with Airbnb. I've heard a lot specifically about leasing properties through an LLC and then using it on Airbnb. I know you can do it but unsure how exactly to go...
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Hello!I received an accepted offer on a duplex in SE Portland, Oregon for the purchase price since it was relisted due to a prior sale fail. The duplex has a new roof but it needs work: new interior and exterior paint...
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While I know the 50% rule isn't always a direct measurement of things, for this purpose I am going to assume it is. So, being a newbie, it is my understanding that 50% rule simply states that 50% goes to costs of prop...
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Being a fairly new landlord (3 years) and having just gotten into my first multi-family. I have found myself making concessions for a certain kind of tenant more than any other. I seem to give much more leeway to t...
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Howdy BP crew,
I’m a young mid-20s civil engineer and have been stuck in analysis paralysis with regards to buying my first property. I currently rent ($1140/month) & work around the Sunset Valley area in southw...
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Hi all, I am fairly new to the site but have quickly realized how much knowledge is on here! There are tons of amazing blog posts and so much to learn. I have been investing in out of state rental properties (Kansas ...
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Hi out there in BP land!Do you guys have experience with estimating gut rehab costs for Philadelphia? I know it will all depend on who does it and how nicely its done... The house is a 3 story, single family, 1500 s...
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I've been reading listening and really researching about this business. I'm ready to buy my first buy and hold.I have a few books on my table and recently got the new great deals by Anson Young. heres the problem i ha...