Hey all, my name is Jay and I live in the central Texas area. I'm currently in the process of selling my condo and possibly purchasing my first rental property. Here are the details:1) I should net $30k-40k on the s...
I have notice that many (majority) banks don’t like to lend on a property less than 75k. If that’s the case what happens to those that try to purchase properties that are less than 75k? For example in markets like: De...
AllAs a lender that's been in not only this market going on 11+ years but California, NJ, FL as well as several other states in the past, I can tell you one thing remains true: Rent rolls are extremely high for the co...
Quick and to the point!
I purchased my home last june with cash, a foreclosure for 54k its worth about 180k. I have one rental property with a mortgage that breaks even and only about 6k equity, I have a guest house...
We've used a property management company to handle our D/FW 3/2/2 SFR for the last three years. (It was formerly our personal residence and this has been our first experience as landlords.) I am not completely happ...
Hey guys,
I am new to real estate investing but have been doing my research on how to get started. I am in my early 20s but want to get started as soon as possible. I had 2 questions which I could use some advice on...
Hey BP, I'm looking for some advice I'm looking to purchase a property in a cheaper market a few hours away (I live and work in the Orange County, CA area, which tends to be a pricier market). Initially, when learning...
99% of the respondents will select 1031 exchange. If you know me very well, you know I march to the beat of a different drummer. I also like to play the contrarian.If I decided to part with one of my 150 unit apartmen...
So, I went to a Lifestyles Unlimited 2 hour intro this morning in Dallas, and I want to know of any experiences anyone in the BPverse has had with this organization. I enjoyed the emphasis on cash flow (I'm a cash flo...
Many of us choose a market and focus on a relatively small area like a laser. What are the significant attributes that you have considered which makes your market a winner going forward.
How do these attributes play...