David Emerson
Sticker Shocked By 5.50% 30yr Fixed Rate, Pre-approval Shopping?
Hey BP Community! I recently got a pre-approval back from a great mortgage lender but was a bit sticker shocked when it came back at 5.50%. I know rates have moved quick over the past few months and can vary amongst r...
Jack B.
How to retire off single family houses? A lot of equity...
I own about 6 million in real estate. There is three million net worth, most of that equity, some cash on hand (1 million). I cash out refinanced last year to buy more properties. So my cash flow was reduced of course...
Payton Pearson
First Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $143,000
Cash invested: $37,000
This is a beautiful, 4-unit apartment complex in a stable rental market of K...
John Peter
Why take the risk? Florida.
I just moved 460k into an account with 4.75 % interest. It will provide over $2k a month of income, risk free until I decide what to do with the cash. For the past year, I had been looking to invest in multi families ...
Dheeraj Raj
Tenant identity fraud
Tenant toured my property and I had her submit the application through Zillow. The credit report, background check and everything came clean. Was also able to verify employment with employer, contacted previous landlo...
Joe Richardson
NNN Leases Question
Hello, guys, I had a question in reference to NNN leases:
If a 7-Eleven is $3,000,000 and you put down 30% ($900,000), what would be the true yearly net NOI after paying the mortgage? I tend to see on websites that, ...
Susannah Nation
Succeeding at BRRRR long distance AND without any knowledge/skills of renovation??
I'm a new investor (0 deals), and we live in Marin County, in the SF Bay Area. We are homeowners. We also have a couple hundred thousand dollars in liquid assets to invest, plus time and motivation.Seemingly our smart...
Kusha Karvandi
How would you invest $1M?
I’m interested in getting more into rental real estate investing (and potentially investing in notes). My main goal is to make sure I generate enough cash flow to cover my family’s needs which are around $80k per year...
Yeshudas Nair
Property tax and maintenance in Tampa, FL
I am a newbie in Real estate investing. I have been reading and studying on Real Estate's in Tampa, FL.I had a concern about the taxes and maintenance costs in Tampa, FL.Suppose if i bring a house for $350k, what coul...
Tim Sipowicz
Primary residence as a rental
I’ve been told twice now that using my primary residence as my first rental property would be a good move. I’ve thought about it and I’m starting to agree, I would just like some feedback on the approach I want to tak...