Colby Burt
Seller Financing but Negative Cash Flow
Hi,I have an opportunity to acquire a 3/2 under the following seller financed terms: Purchase Price: $420,000 5 Year Note & Mortgage Pri...
Carrie Cathey
Cash Flow or ROI? Which number do you focus on most in an investment?
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
Caleb Johnson
Being a Landlord Sucks
While investing in the past 2 years, I have been threatened, I’ve caught mice with my hands, called the police on tenants, done cash for keys and many more interesting things. All this has taught me that I don’t want ...
Ross Hayes
Key Deal Analytics Metrics
HelloFirst time poster...We purchased our first investment property a year ago, and we are working to prepare to purchase our second. I'm trying to educate myself better on the analysis to analyze deal, as well as ke...
Sartaj G.
Paying down 1 or 2 morgages faster with extra payments
Hi all,I have two recent mortgages both at $175k principal and 6.625% fixed for 30 years. I want to accelerate the payoff by either paying $500 extra on each or $1000 extra per month on 1 only and keeping the regular ...
Account Closed
Can you do a 1031 exchange of a personal residence (trick question)?
When you read section 1031 it is very clear that personal property is not included in this type of exchange. Homeowners that qualify though can take the section 121 exchange.
There are circumstances though that a 10...
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Nate Garrett
Should You Pay Points to Buy Down Mortgage Interest Rate?
I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
Vidit S.
Should I pay off mortgage faster or save for a new property?
Hi All - I am hoping all the experienced and smart people here can guide me so will cut right to the chase - I have a property in New York City as my primary residence and I want to know if I should pay off the princi...
Sharika L.
El Paso, Tx new investor
Hello all, I have been a BP for 3 months actively listening to podcast (started from podcast 1) to posting a few questions, but this is my first time introducing myself. My name is Sharika and my husband Jason (who ju...