Tyler L.
Plans for when interest rates go much higher (7% and up)?
As we all know, interest rates have been historically low. Eventually (although likely several years away) interest rates wil creep back up into the 7-10% range of the late 90’s, and, God forbid, the 12-18% range of t...
Robert Freeborn
How would you buy this?
I don’t have available capital right now, but I really want to buy two 4-piexes (one transaction) in my area. I’d love any advice or strategies that can be offered. List price: 1.250Sf 8,792Tax 8052Gross scheduled in...
John Bell
Got my First Deal Under Contract!
I'm so excited to have my first deal under contract. It's a small 1 bedroom 635 sqft sfh on .25 acre lot and is rent ready but it's a start. I found this deal thru my mentor who found it driving for dollars. The contr...
Nhi Nguyen
Getting my MF and got questions regarding MTM tenants in CA
Hello BP.I'm looking to buy a 12-15 units MF in NorCal. One of them has 100% MTM rents at lower than market price (about 15-20%). The condition of the units are pretty rough. So if I remodel/fix them up, rents can ...
Philip Bashaw
Distressed Condo/Townhouse Community with NO good Comps
Hello BP Family!I've been educating myself on investing in a distressed condo community in an Atlanta suburb called Lithonia. Lithonia, GA 30038. Is there a good way to create a solid comp by setting the standard for ...
John Henry
HOAs in SF Home Communities, good/bad for rental props?
I'm looking at a SF home in an HOA community and reading over the CRs now. Pretty standard stuff, no livestock, antennas, signs, tractor trailers, etc. I personally would never live in an HOA community but am buyin...
Brandon Penn
Reflection on 2020 and 2021 goals
I know 2020 has been tough for a lot of people with the pandemic and everything, so I don't want to come off as bragging or unempathetic but I think it's important to share the good things that 2020 has brought. I hav...
Sharai Mason
Heloc Financing for First Time Buyers
Hello BP family!My husband and I are purchasing a pre foreclosed townhouse condo this week! This is our first real estate purchase. The purchase price is 140k, the appraised value is about 185k. We plan on doing some ...
Holly Brown
My second of (hopefully) three investments this year
Investment Info:
Other buy & hold investment.
Purchase price: $130,000
Cash invested: $26,000
Purchased this lot with plans to build a house with garage apartment. I sourced a credit union that o...
Gregory Saysset
Should I sell or rent my house.
I currently own my home in California and purchased our first rental property in Alabama a couple of months ago.
We are planning on leaving California in July of 2024 as the cost of leaving here is getting crazy and...