With interest rates at or near 7%, who is purchasing property right now (or in recent times at these rates) and actually predicted to cash flow after expenses (mortgage, taxes, repairs, maintenance, insurance, etc.)? ...
Listening to @Brandon Turner's webinar on BRRRR, and his first example looks like this:Buy house for $70,000Rehab: $30,000Closing costs: $2,500Total cost: $102,500Appraised after rehab for $141,000Refinance: 80% ($112...
I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...
Hello All,About two years ago I opened a Roth IRA after taking a college class for Personal Money Management since my teacher encouraged diversification and the tax benefits and all that jazz. Well since then, I have ...
Hello BiggerPockets!I started investing in real estate early this year. So far I've managed to purchase one SFH for $385,000 15 miles south of downtown LA and a 3-unit Multi-Family property about 2 hours east of LA. I...
Hi all- looking for opinions on whether or not I should hire out for lawn care and snow removal on my properties or buy a truck and do it myself... let me explain my situation. I currently do not own a truck but would...
I am in the process of renovating a rental property and I need to replace eight windows upstairs and one window in the basement.I have contacted four contractors to come on Monday and Tuesday to provide a price for in...
This is really going to be off topic! Who in the BP community is a Bourbon and Whiskey drinker, collector or snob. I have begun to collect and really learn more about the art of Bourbon and have taken a break from r...
I'm still seeing a lot of Landlords that don't realize the eviction moratorium includes Tenant requirements. If you have a tenant that is not paying due to the Eviction Moratorium, use this form to document the situat...