I am looking to retire in the next few years and my plan is to invest in rental property that generates a cash flow of $150k/year to live on. I currently have about $1,150,000 in savings and another $350k in equity on...
Would prefer to write a post on how we cleared 8 to 12 inches of snow at 4 locations in 4 hours, but that's not going to happen. Have about 3 inches on the ground in the last 3 hours. The rest is supposed to fall thr...
I just purchased and closed my first deal on Paperstac on thought I’d share some pros and cons.
Pros- Great selection of notes which made shopping for what I wanted easy. Once a property was selected the conversatio...
So I rented one of my properties to a lovely family. Did my due diligence etc...They were coming off of Section 8, but I did verify their income etc.( income increased)... Oops, husband lost his job 1 month into the l...
We have a house in North Las Vegas, NV. paid off and worth around 450,000. We are decided to leave Nevada to another state. What do you suggest to do with the house, getting rid of it and selling OR keeping it and ren...
Good Afternoon BP, Well taking Brandon's advice for some time now to analyze deals until you find a Great Deal. Well I think I may have found one for my area and seeking a second opinion. Location: Bartlesville, OK (1...
My other coworker has a property that is vacant and they are rehabbing it for a new tenant. Her and her fiancé aren't sure whether they should sell. What do you guys think? Here are the details:- purchased in 2009 on ...
In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
My wife and I are about 6 months away from buying our first home. We are planning to buy a home in Arizona (East Mesa most likely). What tips would you give to a newbie who is looking to turn their first home into a r...
I asked a similar question in a FB MF group but many syndicators seemed to shy away from the topic. Maybe more on BP can help educate.Topic: Using 3yr +1 +1 type bridge loans in stabilized MF deals (say 120U+, basic B...