I bought three rentals in 2007 in the Sacramento area..C class area. Purchased for 175 each owe approximately 100,000 on each. Interest rate of 4.5 -5% 30 year. Each one is worth approximately 300-320 if I put appro...
Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
As your Portfolio grows and evolves, so too do your insurance needs. Many investors start with a variety of insurance carriers to manage different properties. While this approach works in the early stages, there comes...
First of all - Merry Christmas! Hope everyone is doing well! I'm sure we're all making some new years resolutions and potentially planning to scale our portfolios in the coming few years. That being said - how did you...
So, how's the Las Vegas housing market?
In the last 4 weeks (since 3/18/20)
2,460 properties have been listed for sale.
Inventory of homes listed for sale increased from 5,927 to 7,347. (24% increase)
1,620 pr...
Hey BP Family,
Whenever the conversation of me getting into real estate comes up, everyone tells me to look for foreclosures but are they really the way to go?
There are so many foreclosures around but they never ha...
Hey Flippers!
With each flip we do we seem to learn new tricks to save money(and increase profits). I’m just wondering if anyone would be interested in “trading secrets” 😂 here are a couple of mine:
1. Check Be...
Hello, I'm Josh Waggoner. My family and I have always been a bit eccentric and willing to do things the weird way. We are soon to close on our second home and move into that one. We will sell our current one at that t...
Hello, BP! I started following BP and listening to the podcast a few years ago and have really been a lurker this whole time. I just finally took the REI leap when we purchased our first rental property from a famil...
Hi everyone,I am getting a little confuse, I am trying to clearly understand how interest rates affect market appreciation.Any help will be highly appreciated,Thank you