Rent to Own is great for newbie investors. Here are the reasons why:1. With rent to own, you can buy a property at closer to market value and still make money. The problem in a hot market is that getting good deals is...
I'd like to see what your opinion is on this idea. If I am not in a hurry to get my first rental started, is buying a new build for rental a good idea?Upsides:1. It is a bit below market price, not by a lot, but at le...
So I'm trying to start my real estate portfolio with house hacking, refinancing, and cash out pays for the next down payment. My credit is 711, and my debt is low, BUT I only make 23k a year. Ew.So I go to banks toda...
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Hi BP community!
After educating myself for some time, I’ve been making baby steps in developing my plan and strategy to purchase my 1st property.
I recently spoke with an investor friendly real estate agent and he ...
I’ve been reading a ton of posts recently where people have recently quit college or a job, or are thinking about doing so. While I commend people on having the commitment and passion to peruse a different path, but t...
Everyone and their mom is doing Short Term Rentals. In fact, my mom (and dad) and I just went 50/50 on an Airbnb (my 4th). It seems like these days that EVERYONE I talk to is excited about Airbnb and STRs. Even people...
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
Yay for having Military Investing Forum!
Off the top of my head, these are some of the most common questions/answers/issues that come up when trying to use a VA loan to purchase a 2-4 unit property. Basically my only...
*This thread hasn't been written to instill fear or troll other investors!So I am a new investor in the market (in Pensacola, FL). Important to note, that even though I have a professional degree and make over $100k a...