Alan Eisenberg
Smaller building in nicer area or more units in average area?
I am looking for a multifamily property to purchase. My question is this- I have 1.5-2.0 million to spend but I am wondering if its best to purchase a smaller building in Boston, Ma Miami, Fl or nicer area lets say 5-...
Account Closed
When to File Bankruptcy?
I never thought I’d be in this position, but here I am.
So, I have a few rental properties, but the utilities, taxes, and insurance were all triple the amount forecasted. Over this winter, the utilities drained my a...
Lance H.
% of income for Primary residence?
Hi everyone!
I'm considering purchasing a new primary residence in the near future. In my opinion banks are still way to generous on how big of a loan they will allow. I'm just curious, what do you all think is a...
Erik Drentlaw
Issue with a tennant, a good thing?
So this might be strange and it might even be a good thing, I'm not sure, so I need some help deciphering the situation.
In my duplex in Dallas I have tenants that has been with me for almost 2 years now, the...
Bryan Plumb
Best way to pull equity out for first investment property
Our situation:End goal is to have a single family home in Maui in a few years...We have roughly 257k equity (conservative estimate) in our single family home after about 7 months of ownership (thanks to locking in our...
Geoffrey Murphy
lower end rentals vs higher end rentals
Hey BP,
I have a question that has been on my mind for sometime now. I was reading a few threads from the archivsection on this but i still needed a little bit of clarification.
I notice that some investors invest i...
Dan H.
Average San Diego home price is $1M
Greater association of realtors states average San Diego home price is $1M. This is an astonishing number when the median family income is $85K. San Diego home prices have seemed high for at least 40 years, but $1M ...
Jenn A.
Should tenants get a one time reduced rent
This summer in the middle of the heatwave, the AC went out on our rental. It took four different technicians and about 5 weeks to finally fix it fully. It would work for a little then go out again. The tenants have b...
Michael Jimenez
Need professional advise in buying my first multi-Family
Good afternoon!This is my first post ever and I will be probably throwing in bit of information as I got a few options to go through and would like to reach out to you guys about your options and advise as I start my ...
Logan Allec
Can I comfortably retire in 15 years, living off rental cash flow alone, by, every year for 15 years, putting 20% - 25% down on 1 run-of-the mill turnkey property at retail in a stable market (say, Indy) and re-investing all cash flow?
This seems like an extremely conservative strategy for someone my age (I'm 26), but all I really care about is being able to retire comfortably and early in my early 40s. I know nothing is guaranteed, but does this c...