Hey everyone, I’ve got a few questions about how rental income is handled on my debt to income ratio. If I buy my first property and rent it out, let’s say for $2,400 per month and my monthly mortgage, tax, insurance,...
Newbie here and need some advice. Here is the scenario:My partner and I have a contractor’s license and our goal is to buy land, construct multi-family and hold onto the investments so we created an LLC for the devel...
I have recently taken a course through Than Merrill Fortune Builders learning about BRRR, Wholesaling, Tax Liens and Deeds, ect. I believe wholesaling might be a good start to get my feet wet. Any suggestions on where...
Up until last year I had a rental property in NJ. Yearly return was about $9000 after property taxes, mtg interest and maintenance fees- property worth about 270k. Thats about 3.6 percent pretax return. I took the ...
Morning BP Fam! I have a property here in Houston on 321 Main Ave. that I'm considering putting under contract. The motivated seller owns property free and clear and wanted 165k due to all the rehab she put in. I was...
I am a New Yorker and considering going after a Real Estate License for a few reasons; to better my understanding of Real Estate and to save money on my own investments while also being able to make money from deals a...
Hello, wealth of internet knowledge.I'm a new wholesaler in Indiana and have some leads and some buyers ready to go. I spoke to a guy that went to a seminar that is from the area and has been flipping houses for 11 y...
Hello everyone,
Rental Arbitrage is deeply debated in this forum, so I figured I'd shed some light on what it is, how to do it (high level) and also some concerns and mindsets you should have should you decide to pur...
I'm new to the buy/sell side of real estate. i've been running an apartment complex for the last few years that was inherited. it's around 30 units, and my question is about the commercial appraisal now that i'm at th...
Hey All - I'm a Realtor in MN and am new to BP(this is my first post!). I am listing a duplex in St. Paul and I'm wondering what sort of cash flow analysis Realtors/investors like to see under MLS supplements? I re...