I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income.  My primary house has a mortgage of $329,000.  I recently sold our old primary house and I have around $200,000.  I...

This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...

I hope I'm doing this correctly. Thank you in advance.

3-unit apartment complex
Asking Price = $119,500 (I easily understand that this is way too high)
Total Monthly Rents = $1,235

Using the 2% rule, I would need ...

Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...

After 8 months and 7 days of waiting for bank approval on a short sale... I'm still waiting. COVID has CERTAINLY not helped but unfortunately, I feel like this is going to make it to the one year mark.
This got me th...

In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.

Normally about this time of year, various magazines come...

Hi BP Community,
I was wondering whether it's customary (in your respective communities) for a first-time home buyer to work with a buyer's agent and agree to exclusivity for 3 months and to pay the agent 2%. In this...

I think there is a pretty easy way to lower prices of housing to some extent.. And that is to do away with Mortgage Broker and have all home loans orignated by the direct lender/ Banks..
I personally bought a home i...

I'm operating in the Tampa Bay area of Florida, and I'm considering purchasing property for section 8 rental. I did a forum search, and some of the Section 8 questions were a few years old, so I would refresh it. In o...

Hey everyone,I'm new to the real estate game and spoke with a Morris Invest representative yesterday.  While performing my due diligence, I found in-depth negative reviews of the company on here.  Between YouTube and ...