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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Robert Kiyosaki of "Rich Dad, Poor Dad" sees a real estate crash coming. Do you see a real estate crash coming?I agree with many points. Right now, I'm wearing a T-shirt that I bought a week ago. It says "THE FINAL CO...
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I did a quick check and there have recently been over 500 people (within the last day) people on BP. Most topics have 5-15 main players comment back and forth and a variety of lurkers that just view things.
How can ...
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Hi all - I need some help! My wife and I are real estate investors - we own three properties and none of them are living up to our expectations. We have been putting a ton of our own money into the properties to kee...
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This might warrant some raised eyebrows but I always asked myself the same question: If real estate is a great way to become wealthy, why isn't everyone doing it?Now I'm not saying investing in real estate is easy, be...
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Hi all,
I think my question above is pretty direct.
I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state) tha...
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If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...