Lets see how much thought is going to go into this housing / bank bailout . . . frankly, I'm starting to think that the move to make is to stop paying the mortgage so I can:
a) Get "bailed out"
b) Renegotiate my loa...
Hey everyone ! I’ve posted a few times before but it seems it’s been a while and so many things have changed . Quick summary ! Young guy, owe about 2.6 million in loans in RE , also have a job that’s yields about 200-...
I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
So I have a seller who wants to know the answers to all these questions?
1) If you are not going to buy the house with your own cash why am I signing a contract with you?
2) I need to let my attorney review this con...
@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...
I'm beginning the process of evaluating different locations to start my portfolio in Northern Virginia, so I thought it would be a good idea to defer to the knowledge of the BP members who invest in this area.
I'm cu...
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
TL;DR: Recent article suggests rent hikes aren't just about landlord greed - rising costs across the board are a major factor.
Just read an eye-opening article about the recent rent crisis. It challenged my assumpti...
I am financially ready to make the jump into realestate investing however, I have a job that requires a lot of my time. When I say a lot of my time we are talking 65 to 70 hours a week. Today for instance I was seto t...
Hello Everyone,
I was looking at some properties and the numbers (based on the price and current rent) don't work for a decent ROI greater than 8%.If the property was $20,000-$30,000 cheaper the numbers would work (8...