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His POV is that he’d rather have the cost of all the improvements built into the monthly mortgage payments than spend the time and credit card/debt to complete improvements on a fixer. We focus on STRs but ensure the ...
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It is a FSBO Listed for $129k and not only did my offer receive a no, but a resounding..."you and your calculator can go f**k yourself" no. With a response like that I have to be doing somethkng RIGHT, but what? Prope...
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Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
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Hi,
even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...
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Hello!
As a result of a previous post where I asked about a HELOC against a rental property (thanks again!), I am now in the market to acquire my next investment property. We've been looking for about a week now and...
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I’m looking for some guidance. I recently purchased a side by side duplex. One side was vacant and is undergoing a remodel (which I’m doing myself), the other side came with inherited tenants. When I took ownership, I...
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I have no intrinsic interest in real estate. My interests, in order, are:
1. capital preservation
2. stable returns
3. yield
So why am I here? Because I think unleveraged residential rental real estate in middl...
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Guess I need to add a trampoline clause to my rental agreements. Our tenant setup a trampoline, without my knowledge. My guess is that it is a used trampoline, because it has no net or spring cover. Well, it just so h...
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I invest in foreclosures in the Monterey Bay region. I have been doing this for 2 years and have had 7 profitable deals.
This is a short tutorial of the process. By the end of this post you'll have...
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Hello all, I am interested in buy and hold strategies however I have zero experience in buying any type property. I am interested in getting my feet wet and I am trying to decided which course of action would make the...