Louis Mannikko
Using 401(K) Loan to finance first property
Hello,Just curious what you all thought about the idea of using a loan from your 401(k) to finance the purchase and rehab of a 1st property.My plan would be to use 40-50k to purchase a small rental apartment, fix it u...
Steven Atkins
New builds in the suburbs
Morning BP'ersFirst post here. I've been patiently saving and researching for about 6 months and I'm getting a little "analysis paralysis". I grew up and currently reside in Dallas proper and work in McKinney and it s...
Ben Kiekel
Can SFRs really meet the 2% Rule?
Hi everyone,
After doing lots of looking around in and around my area, it seems like getting 2%/month for rent is quite ambitious.
As I understand it, the rule/guideline basically suggests that if you spend $100k on...
Joshua Dorkin
Where to Invest Next?
One of our users, buyandselllv, posed the question:
Where to invest next?
He was interested in finding out about good areas to look at to find rental property. I realize it is a broad question, but wanted to re-pos...
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confidence
I have an icredible passion for RE investing. I usually read and try to learn about it everyday. Not because I feel I should but because I love to. I have slowly been positioning myself to start a resedential renta...
Jeremy Tillotson
Worst Hoarder House Ever
About two weeks ago we bought a house. Knowing it was full of trash and has been empty a while. We got a good deal on the house, but knew it would take alot of work. It is in a rental neighborhood. This is a 900 sq ft...
Stephen Chittenden
Our First Deal
My wife and I have two rental properties that we've converted from our personal use. One is our old townhome that we used to live in and the other is a single-family home that we bought for my parents to live in. Th...
Susan Wang
Idiosyncrasies of different markets
Good morning! I am a new investor and after picking the Charlotte market and learning about the due diligence fee, I was wondering what other nuances there are for other markets that are specific to that market and no...
Nick S.
Landscaping front yard suggestions please! Sfr
Above picture is the after
Above picture is the beforeI bought a small sfr pictured above in which I prioritized rehabbing the inside first so it’s livable, which took a couple months but now complete. I recently...
Cole Meier-Hollenback
Questions for seasoned investors
Hello BP, newbie investor here, and I was curious if there are any seasoned investors or agents who study the market as a whole that would be willing to chat. I have some questions about the current state of the marke...