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I am looking for advice on adding my next property. I currently have two condos with the following financials:Unit 1: cash flows positive $235/mo, with about 10 years left on the loan ($23k remaining at 3.84%)Unit 2: ...
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Obviously capital expenses don't happen the same way we save up for them so I'm curious as to how you all plan for them in your investments. Do you religiously allocate a certain % of rental income per month for CapEx...
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Hey BP,
My wife and I are looking at buying our first multi family soon, either a duplex or fourplex and I’m not sure when the right time to pull the trigger is. I am not sure how much I need to have...
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Good afternoon BP! So I have bad news, if you read the title to this post, my mortgage loan for declined. I've been working with Movement Mortgage, and they send all my documents over to underwriters to get a pre-appr...
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Hello Everyone
I am reaching out to all Landlords and Rental property owners across Minnesota. I work with and help manage a program that on average spends and invests over 50 million dollars statewide into income-qu...
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I recently got back in to rehabbing homes and just finished my first 2...after briefly listing them FSBO and not getting a single response we went with a full fee agent and listed on MLS. Had an incredible response i...
Hi,I was hoping to get some advice from BP members. I love this site and have learned so much already. I've always been interested in real estate and would love to get started with buy-and-hold investing. I want to ha...
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Hi BP,I'm looking ahead at options for mortgage #5 and I was curious for the 6 months piti that you need on hand if that has to be cash or could it be held in a retirement account like a roth IRA or TSP. For example, ...
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Hi Guys, Looking for some insight and advice on my first deal here. Any help is greatly appreciated. So here are the details. List Price: $380kYear built: 19722 are 2bed/2bath and the other 2 are 2bd/ 1.5 bath. curren...
Hi Everyone. I am a Realtor in Colorado and am wanting to get started in investing. I have a unique opportunity to secure a loan at the Applicable Federal Rate (1.04% for 1-3 years, 2.08% for 3-9 years, or 2.77% for 9...