Jay Campbell
Strategy for 1st Rental in DC, MD, or VA
Hi,I'm a brand new investor, currently living in northern Virginia, looking to purchase my first rental property within 2016. I've done a lot of reading/research, listened to BP podcasts, and read through the forums a...
Vickie Bruce
Do I need Insurance on house that I am renting out
My mother passed away and we are renting her house out. I just became aware that she had no insurance coverage. Do I need to get insurance if renting it out? Why is the insurance so expensive?
Johnathan Alesso
How do investors reach financial freedom in expensive cities?
My fiancé and I are moving from one expensive city to another, albeit much sunnier, city in California. The housing is expensive in both places, rendering house hacking or fix and flipping almost impossible. I inves...
Ryan Saulle
Conventional? Portfolio Lender? LLC? Planning ahead
Hey BP members!My brother and I are about to purchase our first flip property. We have the 20% down, is a conventional loan through a bank the best option putting it in one of our names? Is there a faster or better wa...
Brandon Yuan
Legal budget for small apartment acquisition
How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...
Christian De Jesus
Not there yet
Hello all,
I joined BP about a month ago and have done nothing but study REI since then. The very first advice I received in my introductory post was to purchase a multi-unit home and rent out the other units. With ...
Jeff Seiff
Single Family Residential Buy and Hold (Exit?) Strategy
I'm hoping to brainstorm with some experts that might be able to enlighten me on some strategies that I am not familiar with, or maybe help a light bulb go off in my head. I currently own 6 residential single family ...
Alex Ballesteros
Is it a good time to buy my first home?
Hi,I’m wondering what peoples general opinions are if it is a good time to buy at the moment based on how the housing market is currently? I was looking to pull money out from my Roth IRA & investments in stocks, ...
Dustin Ruhl
What are the world’s most expensive places to rent?
This article from Mortgage Professional America is about renting prices across the world. The article focuses on a study done by Nested who used a Rent Affordability Index. They found that San Francisco is most ex...
Sawyer Smith
Are we using the wrong underwriting cashflow criteria?
I heard in a Podcast recently that one of the first things to check when underwriting a potential deal is that the average median income is twice that of the national average. At face value, this seems like a good met...