What are the pros and cons?I have bought them within the last year. I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.Are there reason NOT to do this? $3,000...
Hi all,
I am a 26 yr old prospective real estate investor. I currently make about 65k-70k/yr at my W2 and have run a small mowing company for the last 7 years which makes me another 12k/yr. 2 years ago I discovered b...
Hi everyone!I feel like this might be a dumb question but I've got to ask anyway. Im looking at financing options to pull about 20K out of a rental. I have a hundred thousand in equity. My local bank presented me with...
Hi BP family!I've spent months in researching my next move with my 401 (k). I've made the decision that I will rollover my 401 (k) to a self-directed plan which would allow me to start investing in Tax Liens and perha...
What do you folks think about RE agents who have homes listed that are about to go to the Foreclosure auction but don't actively try to sell the property or let their clients know about alternative solutions? I've ha...
BP how goes it?
I'm currently on the prow for my first SFH (long term intentions in mind). I'll be buying in the Wayne/Westland area of Michigan.
According to my agent, as well as a co...
I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
Hi everyone. Posting here to see if I haven't thought of something. My family and I are moving to Oahu in a month. There I will be working as an engineer. Leaving behind in Chicago 2 properties; a two-flat and a three...
Hey 👋 guys, I'm currently under contract on a 6-unit apartment building in the East Valley of the Phoenix MSA and the seller's are willing to carry the debt with 18% down at 6% interest only for 12 months. This is a ...
Good morning BP,
I have been lurking around the forums and BP for quite some time. I decided to pull the plug and become a Pro member because I am tired of no action in REI. I have listened to 80% of the podcasts, re...