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Just looked at my first two properties today. Both 3plexes. One will need 50Kish worth of work and the other significantly less but still enough work so it won't qualify for an FHA loan. If I make an offer I want t...
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Greetings,
Here is an update on the current National Commercial Office Real Estate Market in The United States of America:
The office sector's challenges continue to be pronounced, with increasing vacancies, heigh...
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Hello,I've been listening to the BP podcasts for months and browsing the forums for questions, the community has been great!I have a question regarding insurance pricing for multiunit complexes in the Houston / TX gul...
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My two cents on the pros and cons are:Advantages:Probably the primary benefit of prepaying a mortgage is personal peace of mind. In addition, borrowers pay less total interest overall when paying off their mortgage ea...
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There's a lot of info on the types of financing options for REI but I'm just really curious what type of financing most of you individual RE investors use? And if you used investment property mortgage loans in particu...
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Hey BP,I've recently attained my RE Brokers License in WA and have partnered up with a fellow BP'er (also licensed), and we are planning to start doing some direct mailings. We are both aware that certain disclosures ...
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There is a burned out shell of a building located on a main street near our home. The property in question has commercial space on the ground floor with two, 2 bed/1 bath units above. There street has a majority of mi...
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Hi,I have an agent in the town that I live but I have no contacts in another city that I'm interested in getting into for rental investments. I contacted my agent (hasn't gotten back to me yet) to find out if they hav...
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Hey guys I've been on this site for quite awhile and I'm finally getting around to purchasing my first property! It's a 3 lower 2 upper duplex in South Milwaukee, Wisconsin. The previous owner was using the upstairs a...
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So I am ready to do my first deal. I am very intrigued by the BRRRR method. I have a partner with the cash necessary to fund a down payment. And have begun the process of analyzing properties through the BP calculator...