I just happened to be reading some of the threads on here, and it got me to thinking. I don't generally use the 2% rule, but I don't disagree with it either, as a rule of thumb. I've done 2.5% percent, and best de...
Would love to know if anyone has had positive or negative experiences with turbotenant? I love that it has features to market the property, manage those leads, screen tenants... and also manage leases, collect rent, e...
I have an 80/20 short sale I am working with a retired sailor. The 80 is a VA loan but the 20 is regular. If I short off the 20 will this affect their ability to use their VA benefits for another VA loan later? For ...
Obviously, house hacking is going to have a negative effect on cash flow, as opposed to renting out all of the units to tenants; but....
When using the 1 & 2 percent rules to predict cashflow for a house hack; s...
Hi all,I have a 1BR condo in a very desirable location just outside Washington DC (Alexandria, right off King Street). I bought it for $280K in 2006, could sell for $265K, and currently owe $233K.My main concern is my...
New territory for me. Found it by accident and fits what my daughter needs for a living situation.
Its a 1 bedroom condo for sale. Just under 700 sq.ft. It's an old apartment complex converted to condos.
Older gent...
I live in Tooele, Utah the deals are great for housing in Tooele probably for flipping. Cash-flowing seems a bit harder. Maybe Airbnb?Basically I'm not having a fun time looking for homes on the MLS the inventory is n...
We are at a crossroads. We own a rental that is currently worth 700k. Our 1st mortgage is approximately 130k at 2.75% with a PITI of $2000 and we have a Heloc that is currently about 115k with a minimum payment of $29...
Hey BP Friends!I'm looking at rolling my 401k into a Self Directed IRA to purchase real estate. I am leaning toward Equity Trust. Has anyone used this company or have any feedback (positive or negative)? Thanks!
Hi All,
I purchased a 2 family house that I am living in. I have 200k equity in the house, 450k purchase price and the tenant is covering all but about $600 per month in living costs including utilities. I wa...