Scott E.
I want to make sure I completely understand this 50% rule..
Hi all,
I have found a duplex that I am prepared to make an offer on. It seems that the #s fit within the rule, but just wanted to make certain. If you guys could maybe take a look at these #s, and also suggest other...
Jake Belden
Starting an LLC after two properties
In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...
Russell Gronsky
Trouble selling my renovated flip house
So just like the title of this post says, I finished the renovation of a house. I put it on the market, admittedly, for more than it is worth, and I had a few tire kickers but no offers. 4 months later, I am now at 5k...
William Mitchell
Is it a bad idea pay off credit card debt with my 401k?
Hello All,
This is only my second post so I hope this is the correct forum. We have over $20k in high interest credit card debt and the payments are keeping us cash strapped every month. We are just starting to look...
Shaquetta Chittams
EMD Battle
My husband and I put a contract on a home. During our home inspection, we found there was moisture in the basement and potentially mold based on our inspector's radar. He also noted the patch work around the foundatio...
Jase Machado
First Time Real Estate Investor - Looking for cash flow in the US
I have about 250-350k in my California homes equity that I’m going to tap into. My goal is to get as many rental properties and as much cash flow as possible. I was recently listening to the Old Dawgs podcast (End of ...
Ernesto Hernandez
Notes from today’s David Green Long Distance REI Webinar
Not edited, expect from typos. Enjoy. David GreeneHard to save 30 to 40k each house so he started to BRRRRInstead of 2-3 houses a year, he was doing about 10. He thinks BRRR plus out of state works wonders. Learn whil...
Mihir Bhimaraju
House hacking through Airbnb
Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...
Mindy Ma
California Market Difficult for First Time Homebuyer - Worth it?
I'm looking to buy a property (first timer) for that is a bit over a 1 million with 25-30% down. I will be living in it with my family.
Due to the high prices in our current market, I may not be able to cover the en...
Dawn Anastasi
It's hard to ask for money
Asking for money seems to be an embarrassing topic. It seems to be more embarrassing to ask for money from private individuals than from a bank. Why? I think because a bank is just an "institution" versus a pers...