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Hi BP,I know most people here with multiple properties have dealt with this situation. Over the past 18 months I have acquired 4 rental properties, refinanced my home, and opened a HELOC. All good things, except my cr...
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I've noticed that a lot of investors keep their day jobs after they seem to be very successful. I've met people who have been flipping houses for over ten years and still have a day job. I'm too polite to ask the...
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A question for all of you BPers. How do YOU stay involved in real estate investing when life gets in the way?A little background. We started investing last April and picked up 3 rental properties before the end of the...
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Hello BP,I'm wondering if anyone can provide some insight as to what types of areas are generally better for multi family (5+) properties if I'm looking for some appreciation but more for cash flow? I'm thinking this ...
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First, how many rentals do you currently own?Second, how did you acquire each of your first 10 rentals?Third, how long did it take you to get your first 10?You don't have to give a blow-by-blow account, but maybe a br...
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $27,000
Sale price: $52,000
The house garage had burned. The rest of the house was intact, but had immense smoke damage...
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Hi,I am looking at starting my rental journey and I found a home that meets my criteria in OKC area, however the current tenant is on month to month Section 8 housing. Is this something I should steer clear from? If ...
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Hey everyone,
The flood happening with the Mississippi River is making me even more cautious about flood levels of the properties I buy. What is the best way for me to go about finding out if the level is low, med or...
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I am an experienced landlord, not a newbie, but I came across a situation that I thought I'd put out there for feedback. I want to know what you'd do and why in this situation. I don't really need basic lessons in s...
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I am close to closing on my first property. I have talked to several (probably 15 or more) lenders. I have several options, including cash, to purchase my first property. My CPA is advising me to close everything poss...