I am selling one of my rental property and have got offer with 25% carry back ,Loan term is 5 years, 5% interest with 30 yrs amortizations.I have never done this before.Should I do this or not and what is the benefit ...
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
So I thought it would be cool to document my goal of buying 150 flip houses this and documenting my progress here for the BP community.
My reason for doing this is to help educate and encourage others, k...
Somewhat hypothetical question. If you had $250k to start with. Could you turn that into $5k+ a month? How (generally or specifically) would you do it? Thanks!
I am looking to dive into REI and I've decided house hacking is the best route to go. One of the things I am concerned about is tenants knowing their landlord is a door away and knocking on my door about any and every...
If a seller asked you to lower commission, how would you respond? Is there ever any reason to agree to a commission cut?
My partner and I purchased a 6 unit complex in Shreveport, La. roughly 8 months ago. The property is in a less than attractive neighborhood however Shreveport is very block by block and sometimes home by home. After o...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Question on rental income taxation:Thank you in advance if you can clarify if I am thinking about this right or not...-Assume I own a rental property in my LLC.-The property earns 2,000 in net rental income after payi...
I'm looking to use my VA loan here in Austin, TX to buy a single family or multi (preferably). Does anyone here have any success stories? I won't have a down payment and I'm exempt from property taxes. Someone help me...