Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Dawn B.
ST Rental in FL...sell or hold? Names of sites w projected RE growth in areas?
Hi all, I am looking for advice from those of you with more experience than myself.Does anyone have recommendations for websites that show predicted real estate prices over the next year or so? I've been getting confl...
Damien C Hyatt
Need advice for Starting Investing Journey
The goal is to acquire enough rental properties to generate $10,000 in monthly cash flow after expenses. Short-term goal/first milestone: acquire enough rental properties to generate $2,000 in monthly cash flow after ...
Karen Margrave
Our latest spec house, what do you think?
Re-designed. The city at first wanted a rear loading garage, and we designed the house with that criteria. Then, they decided that they wanted the garage in the front of the house, so our architectural designer (an...
Polina Goncharova
Lease Renewal with Increase and Other Requests
Hello BP!I own a 3 Flat property on Chicago's Near West Side and I am planning on increasing rent in the following manner:(Rent increase is due to market rents and a hike in property tax)3bd/2ba, 1,150 sq ft Apartment...
Page Trip
How estimate "right" price for a home about to buy?
We are trying to buy a SFH in a highly competitive Seattle market where every home is being sold for more than list price. We are prepared to offer more than asking but how do we determine the point at which it become...
Curtis C.
$100,000 To Invest in DFW- 1 rental, or grow pile of money with Flips
Hello Everyone,
I am contemplating between 2 strategies right now for $100,000 cash I have to invest. I do not want to leverage any property. I like to sleep easy at night and not rest on a house of cards. The 2 stra...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Nick Schumacher
Biden’s capital gain tax
Having a hard time finding info on Biden’s tax plan on long term capital gains. I see he’s Proposing basically doubling the rate for the 20% bracket. Does anyone know if his proposal effects the 0 and 15% bracket?
John H. Hill Jr.
Which way should I go... 401K or HELOC?
I'm currently trying to decide on if I should borrow money from my 401K or use a HELOC. Please share you thoughts!Let
say that I'm able to use my 401K to borrow $30K. The other alternative
would be for me to trans...