Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Michinori Kaneko
Concern about future of real estate investing?
Hi BP,I'm a new real estate investor in NY. I invest in properties in Indiana. I closed on my first rental property last month, and currently fixing up the place to hopefully rent it out soon (should be advertising s...
Shivam Patel
Lender Says he can call note due at any point!
Hey guys,
I'm househacking in New Jersey. I was refinancing my loan out of an FHA into a conventional when the loan officer and I were discussing the rates and all. Then, I asked him, what my chances of applying for ...
Wil Reichard
My first flip at age 21. Numbers and pictures!
Thank you for taking the time to read about this little journey. I had just turned 20 when I bought a 3/1 SFH in Greenville SC. I found it on the MLS with help from a realtor and it only took 7 months and 9 above-aski...
Matt Blutowski
Can this work?
I'm thinking about a SFH or condo in the central west florida area (e.g. sarasota et al.). I don't live in the area so will use property management to rent it.
This will not be a business, more of a longer term inv...
Precious Thompson
Properties that doesn't Cashflow
What reasons would a buy and hold investor buy a property that doesn't cashflow?
Account Closed
1% "Rule" Still Valid in Texas?
I am trying to do initial filtering with 1% rule or test in Texas and virtually nothing meets it. Anyone else discovering this as well.. how are you buying investment properties right now especially with current inter...
Tyler W.
Explain it to me like I'm 5: How do you get rich in real estate? Seems like it takes many many years to get positive cash flow.
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
Patrick Senas
For those Buy and Hold San Diego Investors!!!!!!!
Hello BP,Before I go into the deal specifics I feel like I have to justify WHY I am choosing to invest in San Diego. Essentially it all boils down to my current situation. I am a first time buyer, Navy veteran current...
Natalie Schanne
Help!!! My spouse doesn't want to house hack and I REALLY do!
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...