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Looking for feedback on my particular scenario. I am selling an existing investment property because of the distance to where I live, and plan to acquire 1 or 2 investment properties closer to me. I will net around $2...
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What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors ...
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Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
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My parents are both retired. They recently signed a P&S offering cash for the house across the street from my sister with a 3 week closing (fast!). To come up with the cash that quickly they have to pull money out...
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The problem of choice. I own one 4 unit property that I’d like to keep and use to help propel me into my next rental property. My issue: I have too many ideas running around in my head and I’m not sure what is my next...
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Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...
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Hi all-
I'm looking into purchasing mobile home parks here in South Carolina. How does one analyze these? Do you treat it as a commercial property and base things off gross and net operating income?
Thanks in ad...
I'm looking to pull all the equity out of my first home purchase, which is now a rental, in hopes to buy a duplex or a quadplex.
My first mistake is renting to family but it is what it is. I'm collecting $1,800 a mon...
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Hi BP community, I bought my first fixer-upper and took a year to fix it up. I just rented it as Midterm rental and cash flowing well since there is no mortgage. Home is appraised about 450k. I am debating two options...
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Hello! My husband and I just closed on our first rental property. We are inheriting tenants whose lease is up at the end of the month. We were under the initial impression that their intent was to move out. Now we hav...