I am in zero danger of losing the home I own, and am actively working to get ready to buy my first rental as soon as possible. But... I have this nightmare to deal with. I worked my butt off at a second job to drag ...
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I have >$400k saved and accruing zero interest in my savings account :(What is a good bet for my first investment property? I'm thinking single family home; rent it out for a few years and ride the equity wave.
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I'm almost out of debt. My credit score is hovering at around 610. I don't currently have anything saved but between tax returns and some insurance claims, I should have at least 1k in the bank soon. Once I eliminate ...
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Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. Thanks in advance.*I currently live in the Northeast (U.S.). I plan to purchase a primary...
Hi,
Background: I live in Northern Europe and I bought my first flat six years ago and have paid half of the 145k eur debt. I've rented the flat and managed to obtain a nice 300 eur monthly income after expenses incl...
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I’m reading conflicting information on using the BRRRR method in todays economy (2023). With interest rates higher, is it worth it? Are hard money loans unaffordable now as well? What’s the best strategy for real esta...
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Can anyone help me with this? Feel like I am underestimating the costs. There won't be property management cost as this will be my first property. Very much appreciate your help!xxDownsideBase CaseUpsideProperty Price...
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Greetings everyone,I've been thinking about a situation I'm in and wanted to run it by the other real estate minds to get your feedback and opinions/ideas. I have a vacant lot that I own free and clear and I would lik...
Hi BP Team,
I've been debating whether it makes sense to find more 'fix-to-rent' type of deals rather than buying an outright 'fix-to-sell' or an outright 'turnkey rental' in the SFH space. Has anyone explored or pre...
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I am new to investing and am looking for my first deal. I think that I have found a good multifamily property with 2 units both of which are occupied currently. Both of the tenants have been there for a long time an...