Hello BP!Today I closed on my first buy and hold rowhome in Baltimore City. It's my first real estate deal ever - and seeing as how I only have the faintest idea of what happens next, I figured my journey of figuring ...
What do fellow investors think of selling investment property that is paid for 100 percent.Acting as bank. 30 years of payments. What are costs associated with foreclosing process.What are other benefits and pitfalls
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
Hi BPers! This is a new one for me and I'd love some feedback. I just moved and am trying to rent out my previous home which will give me my 2nd rental. I have been vetting out a joint applicant couple. I educated...
Hello!I have been tasked with picking new markets to take our flipping/wholesale business to and was wondering what parts of the country investors are having the most success finding good deals in? We're currently in ...
I live in Los Angeles and am new to real estate investing. I have about $100K saved up and am able to save $4k/month. My goal is to build a large enough portfolio to live off of (I'm still in college). I'm interested ...
So here's the story of the missing $1000…I work currently for a property management company and we have around 300 single family units. You can imagine that the first of every month is crazy with people bringing in t...
Currently I have a home in Alabama on a streamline va loan that I recently refinanced. It is a 15yr loan at 3.25% and the balance is 119k. The nearby comps indicate that I'm about even. I collect $765 a month after pm...
So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
One of the more complex parts of being a real estate agent is setting realistic expectations for what your client can expect from the market. There are always going to be people who have unrealistic expectations, but ...