Shane W
Should I buy it?
I'm 20 years old, looking to buy my first house (To live in, and eventually rent out). I'm eligible for a VA loan (1 year in the Air Force), but even though I'm "Pre-approved" for a loan, I have a feeling they'll deny...
Colin Carr
Schooled in the art of landlording
As of 1pm today I had 7 showings for the property I had listed, 6 hours later I had 5 cancellations, a no show and 1 person almost a half hour late. I have a couple ideas as to why this may have been, but wanted to th...
Glenn Gayet
Choosing Between Brokers - Rentals
Hello,I am new to real estate and looking to get started in rentals as it seems like a good place for beginners to get their feet wet. I have two options when it comes to brokerages as far as rentals. One is in West N...
Luke Carl
How to Calculate Payoffs?
My brain isn't wrapping itself around this one so I thought I'd ask for help. All hypothetical. Lets say I have 1 property with a purchase price of 125k and I have a mortgage on 100k at 5%I'm netting $1000 per month. ...
Eric D.
Getting started in NJ
First time on the site .... I live in the Maplewood/South Orange area and have $150k in cash to invest in a rental property. I am looking to buy and hold so that I have some cash flow, but importantly, it turns out to...
Asim G.
General LLC vs umbrella insurance for small-time investor
Hi All,I have a quick question on how buy and hold investors manage the liability on their properties. I currently have 1 triplex in California, on which I have a mortgage and a regular landlord hazard insurance on th...
Griffin Detrick
ARM or Fixed Rate Loan - First Time Homebuyers
We have two options to structure our first home loan - Loan will be for $158,400 (purchase price is 176k with 10% down) - conventional.1) 30 yr fixed rate (90% LTV) at ~3.85%. This would require a PMI payment until we...
Brynt Rushing
Duplex Deal Question
Hi BP I have a question about a duplex I’ve been offered to buy. It is located in my rural town of around 15000 people. Both units are 2 bed/1 bath currently renting for $775/month each. I purchased the duplex acros...
Matthew C Cid
Running the numbers ( Chicago)
I am looking to buy my first rental property as a house hack somewhere in Northside of Chicago, early next year. I currently own a condo that's paid off. My question is how would I find accurate numbers for heat and w...
Greg Deane
Are there concerns Buying a condo?
I'm in the Portland Or area & this market is seriously inflated. As I'm looking at areas outside of Portland I'm finding 2/1 condos for under $90K, immediately creating positive cash flow. Are there high risks in ...