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So we started a buy and hold rental business a little over 3 years ago and have 23 properties. Bank keeps lending us money and basically the debt is scaring me a bit and im like i have no business doing this and its g...
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Hello BP!First and foremost, hope everyone is staying safe during these strange times.I've been a long time lurker and a listener to the podcast and finally decided to create an account and become more active on this ...
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All,
I'm currently 23 and looking to get into RE. I live on under 40% of my income and know some of the many advantages to RE so I want to get in early for those advantages. I have about $10k saved right now (over...
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The two main threats to my business as an investor and as an agent are raising interest rates and stagnant income. I have seen rents go up quite a bit in the last 8 years in Milwaukee, at least 30% on average (I just ...
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I'm considering partnering with someone more experienced to do BRRRRs out of state. I have no experience in this, but I am liquid enough to potentially buy a house for cash, or at least secure a loan to buy a more exp...
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We are speaking with a seller at that still owes $70000 on his property. We offered $100k cash and he is not interested. He said he would be interested in creative or seller financing. Is there anyway to do this wi...
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My tenant in l sent rent payments for August and September in advance (he made the payment on July 26 and the August rent wasn't due until July 31 and September rent isn't due until August 31). Reasons he stated are n...
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Hi all,Question for you all. We are looking at student rentals. We found a few that are "great" options. We have found a few houses that are well priced, and will rent probably at the mythical 2%, maybe more if I w...
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Hello everyone,I am currently renovating an old home in upstate NY (Catskills Region) for use as an STR. This is my first deal. I am wondering if it is worth it to hire a designer to pick out flooring, wall colors, la...
Hello BP community! I've been hanging out in the shadows for some time now reading posts, listening to podcasts etc. Well after a year plus of research its time to make an offer on my first deal. I need to get some fo...