Rich Corey
Should I pay off the mortgage on my rental?
I am a W2 employee that has owned a single family home rental for over 10 years in the Sacramento area. I consider myself to be a fairly conservative investor and my strategy to date has been to pour the cash flow fr...
Robert Howell
How do I block a specific BP member?
Nothing malicious here, it's just that someone continually sends out a form letter welcoming every single new member to BP. The problem with the extended greeting is that it contains my keyword and I end up with a ...
Carolyn Boswell
Paying closing costs with a credit card?
When purchasing an investment property, is it possible to pay the down payment and closing costs with a business credit card?
Mathew Stephenson
How soon should I start my next project?
Hello,I am closing escrow on my first property in California late next month...Most of the work is done, and in fact, I am just waiting on the seller to close on a property, so I don't really have much left to do. I ...
Abby Larsen
My First Investment: Fox Avenue - From Feeble to Fabulous!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,000
Cash invested: $80,000
We are just about to list this property in Iowa! Our potential profit is going to b...
Ian Hooper
First deal in the books.
We closed on our first rental, in Louisville, KY, about a month ago. It's located in a central area, near downtown, that is a strong rental area. There does appear to a chance of some significant appreciation; some in...
Brittany Rose
Contracts for contractors
I am updating the contracts we use with contractors to stipulate some kind of financial compensation when work is not completed on time. Does anyone use this kind of safeguard in their contracts and could you share wh...
Stuart Smith
Do I have enough saved for renovations? (JC / NYC)
Hello, I'm trying to get a sense of how much people (mostly investors) have put to the side for renovations when they are doing their DD. I'm looking for my first property in Jersey City or NYC area, right now I have ...
Carl Hoffmann
Newbie needs advice please
Hello everyone!
Thank you for taking the time to read my post. Here is my situation:
I currently own a 4 bed 3 baths 2100 sq ft single-family home. According to my lender, it is currently worth around 395k-410k. We ...
Byron Bailey
How is your strategy changing? Sitting on the fence...
Due to interest rates, the buyer pool is narrowed - houses are starting to sit on the market longer, and prices are being dropped more frequently. Also due to interest rates, refinancing is more expensive, so often t...