I'm trying to work through some investing thoughts and would love to hear other people’s thoughts/opinions!Theoretically, right now, I could sell one of my rent houses and not have to pay capital gains on it (because ...
With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
First:I was a student of Brians for about 30 days before quitting the program.There were a few reasons I quit but one of the main reasons was I no longer had any trust in Brian Gibbons and the things he said he was...
I just heard on the news that real estate prices are dropping like crazy in Puerto Rico due to the state of the local economy. Wondering if that's a good opportunity to start investing there. Anyone on BP currently in...
Hello, this post is an update to my previous post : To summarize that post: buying a house for ~$250k w/ a 30-yr fixed rate loan, will try to lease it out for ~$2k a month, monthly expenses are ~2.2k a month.The fixed...
My closing attorney wants to walk away from this Fannie Mae Foreclosure property, get my deposit back and forget it. Essentially, the deed does not describe the property boundaries, but rather refers to a lot number o...
I posted this elsewhere but thought it might be good to post here. My hope, like most others, is that it helps someone else to not give up no matter how frustrating. So, here goes.... I saw the property, (2 unit 3BD/1...
This would be my absolute first flip and I've already identified a property that is selling for $50k, and the literal next door over was just bought for $65k and sold for $125k 3 months later. My Question is: I'm prea...
So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
Hey guys, absolutely love this site and everyone on it. I'm just about to jump into the Buy & Hold side of REI and just wondering if anyone has any classic mistakes that they would see a first timer like me make c...