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My father recently decided that being a landlord is not for him. He has a single property out of state that he has decided to gift to me.The property has an ARV of approximately 180k and has a mortgage on it of approx...
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Where do you store your reserves so you can liquidate quickly but also get a decent return for so much money being tied up?
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Currently I sell flooring at a local floor store in Indianapolis. It's a full time job and I generally enjoy it. Recently I learned that my beautiful wife is pregnant! I'm excited but the news made me consider more de...
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Hope everyone out there is doing well and crushing deals. Looking at the potential of doing a Long Distance BRRRR. One property as of now, either SF or SMF. Financing 80% of the purchase and all of the rehab costs thr...
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Hi BP family!Here’s the scenario:I own a house in Milton, ON, Canada and bought it for $860k in 2016 with 25% down. I’ve since taken a HELOC of $120k, bought 2 townhouses (in South Western Ontario) and market value of...
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Good Morning BP!,I have a similar, but not so exact situation to a recent poster. Recently accepted a relocation from my company & now faced with rent or sell decision. I think I know the answer, but still want ...
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I currently own a property in Wetumpka, AL. Should I re-finance and keep, or sale, to get a better property.Original mortgage $142k @ 4.75%Current value $145k-$155k------CURRENT------Current mortgage $129k : $930 / mo...
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Hi BP community, I'm new to BP and would love to get some advice from the community. I bought an investment property in 2006 for $103.5k and rented the property with a cash flow of ~$175/month until the summer of 2015...
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Hello BP! First time caller, long time listener.I need some guidance on how to make the next step in real estate investing.Where I sit - I have a single family home (Michigan), a duplex (Milwaukee), and a 6 unit prop...
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Hi guys, here is the story. I have self managed my 12 rental units for 2 years now while still active duty in the military. Over the past two years I have had zero problem renting out my units. All are 1/1 apartments....