J Berk
Pay cash to avoid mortgage costs?
I have just finished negotiating the purchase price of a lake house in central NY for 192,500. This is a buy and hold. Im going to keep it and use it and make love in it for many years.
I am contemplating a couple ...
Liz Mojica
Conventional Loan as a First home buyer?
Hi everyone, A brief story of my current situation. I graduated a year ago from New York Chiropractic College and I'm currently working as an Associate Chiropractor in Connecticut. As you must imagine, I have roughly ...
Colin Hassell
Selecting market for first Airbnb
I've been contemplating the idea of an Airbnb for sometime and have been reading all I can for the past year or so. Where I have been struggling is determining what market to enter. Since this will be my first airbn...
Thurayya Berry
OMG what have I got myself into
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $71,000
I have a triplex and own it, and it needs a lot of work. I have been getting quotes and they are extre...
John Ma
Career switch to RE professional?
Hey guys, I'd like to get a feeler to see how many RE professionals here came from a different career field.I'm a buy and hold investor for the past few years, for the same amount of time I became an engineer that fun...
Sarah Brown
Newbie from Cincinnati, OH- Ready to get off the sidelines
My brother flips/rents full-time and I have been helping him on the administrative side of things-- managing his leases, finding properties, etc. My husband and I are interested in real estate and have 100k that we c...
Will S.
Can flipped properties be 1031 exchanged?
If I flip a property can I put of paying capital gains by doing a 1031 exchange and buying a new property to flip within 45 days? Secondly, if I do this for two years will I be taxed at the long term capital gains rat...
Ashan D
High vacancies properties - Opportunity or Disaster?
Does anyone here deal with commercial tenant properties (office/retail/industrial) that are distressed, non-performing, or otherwise high vacancy? I think there's a lot of upside in these properties if they can be bou...
Alex S.
Escrow shortage, so Mortgage going up to cover it, and losing cashflow on Rental Prop
Hello! Realtor and Investor here. I've got a rental that was a new construction in 2022, so no property tax was defined yet (based only on land value. First year was fine on property taxes, and we were cash flowing ...
Kevin V.
3 bedroom / 2 bath 1,200sq ft SFR potential deal
Hi BP Members,Any feedback on this potential deal would be a huge help.Details:Purchase price: $45,000Down payment: $11,250 (25%)Closing costs: $1,800Rent: $875/moMortgage: 4.5% fixed 30yrs. Insurance: $50/moTaxes: $1...