Masashi Borges-Silva
Yet another Student Loan Paying Off Strategy
I have roughly $40k in student loan debt, and I live in NYC.My question is what strategy should I follow given the financial situation I have?Below are facts:-I am 34, and working as an engineer.-I pay roughly $500 a ...
Nadine Delille
Real Estate struggles, advice please!
Hello everyone, I need some advice please. I have been struggling to get into real estate investing. I've been reading a lot of articles, watching videos joined different real estate investor sites such as BP. Everywh...
Paul Birkett
Lender View: Here's what coming next....the outlook is not good.
Mortgage Update: Outlook is not good.
The economy continues to shudder to a halt. As I write, lower manhattan looks like a ghost town. My local coffee shop typically turns about $1,000/day. Yesterday, Carlos had take...
Chadd Brandon
The 70% ARV Rule - Do You Follow?
How 'hard and fast' do you stick to/around the 70% ARV rule for fix and flipping a property?
Sheeva R.
Buying a new townhome in San Jose - good investment?
Hi everyone, I am asking this question for a family member who is thinking of buying a new construction in Northern San Jose. The purpose would be to maybe have it for retirement in a few years (or at the very least h...
Christian Albright
Thoughts on leveraging current equity to purchase REI?
Hi everyone,My current strategy is house hacking but l realized recently that it’s hard to make a property cash flow with current real estate prices. That being said my property has gained a lot of equity since I boug...
Dan Vleck
lease modification on day 3
Tenant said on 3rd day after signing lease that we have to modify it because her handicapped dad wants to move in. It's a 4/2. I approved them knowing 5 people would occupy, 2 adults and 3 kids. Can I request addition...
Jon Huber
Adding special assessments to leases... and how to structure it?
Hello BP... I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessme...
N/A N/A
Investing in Single Family home rentals...
Hi,
First of all I'm about as new to real estate as you can get. Is investing in single family home rentals a waste of time? I've always been interested in it but just never had the motivation. I live in San Diego...
Lynzie Mackey
How much does location matter when buying an apartment complex?
We're looking into raising money and purchasing an apartment building. If I were to purchase a home again where I live in Southern Florida, I would buy on or near the beach, because I see the value in location. Does...