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Obviously borrowing money increases you % returns cash on cash, but I have a couple rentals that are completely paid off and reading the forum is making me feel like I'm doing it wrong and should be refinancing and BR...
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Property value after repairs $350,000-$360,000Estimated repairs ($20,000-$30,000) Balance of 1st mtg (Everbank) ($271,985) Balance of 2nd mtg (HUD) ($ 24,482)Cost to cure loans-est ($13,000)Est equity $10,533-$3...
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Hello Everyone,I am currently designing my website and was thinking a more personal feel/Family operated business would be more engaging for a stressed property owner. I am hoping to focus on buy, Fix, Sell but would ...
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Hello everyone,
I've recently made the decision to prioritize building long-term financial wealth for my family. However, I currently find myself in about $100,000 of debt, which includes school loans, car loans, and...
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Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...
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Good morning BP and thank you for stopping by. My name is Javier and I've lost my way deciding how to approach my short term/long term goals. I've been investing (Flipping,tax deeds,wholesale,buy and hold) for about 8...
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Hello Everyone,I've been listening to BP for a year now and finally ready to house-hack! I'm wondering if I should create an LLC for my first duplex in Massachusetts? The purchase makes sense now because of my fiance'...
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What has been your best source for locating a tenant for a unit you have for rent? Debating whether I should try to find on my own or use the service of an agent. I believe most agents charge what would amount to f...
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K, so hindsight is 20/20 and I’ve learned a ton on this deal, one being trust the gut and figure everything into the budget. This is my second property so be gentle, hahaThat said my issue is I have 3 huge trees on a ...
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When you get a brochure for an asset in Note Investing, and the displayed Rate of Return/High Yield Return on Investment is 6%, 8%, 14%, how is that calculated? I have done research and am seeing different calculation...