Hey BP!I hope some of you find this post helpful.How do I correctly value an investment property? Simplistically, a valuation is a measure of how much a specific property (the “subject property”) is worth. Framed diff...
Hey Folks,I've been looking into the concept of replacing our home mortgage with a fixed rate HELOC as described on sites like Replaceyourmortgage.com. They want about $2000-2500 for their coaching and information. ...
I want to start investing and have an investment plan, but there is one thing standing in my way: debt. Should I pay debt off first and then invest? Should I invest first and slowly pay off loans?
So a bit about me. ...
Well, after going gang busters on BP podcasts, working the BP calculators, working thru and finally getting the financing worked out, finding a good property, making an offer then a counteroffer, we got outbid and the...
I am a 29 year old male, married, with joint income living in Dallas. My wife and I bought our first home in Feb. 2020 for 360k (4bd/2ba), worth roughly 500k now. We were fortunate to save enough to buy a new primary ...
I am not a seasoned real estate person so this may seem like a beginner question but I've not seen this talked about. It seems like a conflict of interest that a buyers real estate agent gets paid 3 percent of the pu...
So, I have been on the fence about making a weekly "Journal" about my progress in REI. But, I have decided to do it, and if people don't like it, I think it will be interesting to read in a few years. (for myself)
Bu...
Hello everyone.
I was just thinking would you ever consider renting the house you live in while owning investment properties. In other words I am considering living in a prestigious area I cant afford to buy but coul...
If your son or daughter came to you seriously wanting to learn to invest in real estate, what skills would you recommend they develop and how might you suggest they develop them?
There are many skills that can help a...
This post is a simple rundown of our thought process for evaluating opportunities. I will describe the rules we apply; explain why they are important and how we apply them. It is important to note that these rules h...