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I recently paid off my home and i am interested in purchasing another home/duplex for the rental income. Banks are telling me that because i own a home i would have to pay 20-25% for the down payment because it would ...
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I'm looking at the FCI Exchange, just to give myself a sample of ideas as I look into notes. I can't seem to get my head around it. Another BP member mentioned to me that so far him and a partner have only gone fo...
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Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
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Hi, this is my first time posting on BP, though I've been a longtime podcast listener and forum browser. I bought my first rental property, a 2 bd 1 ba condo in Prince George's County, MD, about 8 months ago. My pro...
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Pardon me in advance that this is a bit long-winded, but you can get a "too long; didn't read" summary down at the bottom.
So I've been working 18 years now. All of those years were in fairly well jobs, but it is he...
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So I've been marketing for at least 2 months now. Sent out about 100 hand written yellow letters, not a single response. Put out about 40 bandit signs. Got 1 call from it with from a homeowner asking for 50k more than...
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Taking action isn't only investing in real estate. You should take a break from buying if the deals don't match your buy box, you are out of money, or for several other reasons (partner isn't on board, over-leveraged ...
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I am in the position to go green aka electric thanks to solar, the numbers all make sense to move in this direction. My net out of pocket expense is roughly $14K, finance it with a low payment, and rapidly pay it off....
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To Turn Key or not to Turn Key, that is the question. What is the better investment strategy? Buy wholesale and fix up a property to hold for a rental or invest in a Turn Key rental that already cash flows?
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In general, I love to work on and see a project complete successfully. I currently work as an IT computer administrator, and there is a never ending line of projects to complete and I love the feeling of completing th...