Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
I live in a really expensive market, in Santa Barbara, CA. Buying a small 2/1 home starts at around 800k. Taking advantage of California's new ADU law, I decided to buy one of these small homes and permit an ADU. (A v...
So I'll try to keep this as brief as possible. It’s a long story. Extra credit to anyone who finishes…We purchased a house to live in, and it was a fixer upper. During the construction phase some materials were placed...
I have 30 year mortgage (rate is below 4%) on my current residence where I've lived for about a year. I could pay it off (I owe $185,000) and have about $10,000 in emergency savings leftover. My family thinks I should...
Hi all!NY based investor looking to get a vacation home in Florida (tale as old as time, right?) and seeking some wisdom for a rookie.Interested specifically in Kissimmee/Orlando/Davenport as Disney market feels famil...
Just got a call from my tenant saying the gas furnace isn't working. If I can't get a repairman out there today (it's Sunday) and they have to go a whole day without heat, what do you do? Tell them to suck it up ...
BPers,I searched the forums for a list of do's and don'ts for hard money lending without much luck so I'm going to see if I can get all the answers in one place. I am at a point in my REI where all my personal and pri...
Hello all! Im wondering what are your thoughts on buying a property for cash flow when the seller wants more than what current market value is?
We have heard it a billion times, "I'm super excited to invest/ reach FIRE/ make a career change, but my partner isn't on board." Have you been there too? Share your ideas for what may or may not have worked to encour...
After reading Dan Sheek's book, First to a Million, I've learned so much about personal finance and I'm thinking about my future life decisions (I'm 15 as of this post). But my parents are disputing the options that I...