I am the owner occupier of a triplex in Oakland. I would like to renovate one of my units, redoing the electrical (because it's painfully out of date), and redo the plumbing in that portion of the house before it beco...
My wife and I are split 50/50 on wether or not to pay off all our existing debt such as student loans and auto payments before we take on more debt to invest into real estate, or we begin saving to buy our first renta...
Hi all,
Hoping to get some guidance on dealing with a contractor that completely a kitchen remodel for me last year. I found this contractor online, and we agreed upon a full remodel price via email – we never signed...
First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...
I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
Sorry if this offends anyone. Also thanks for everyone who has responded to my other questions. This message board is awesome! True learning takes place here at BP forums with real people in real situations.
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Hello BP Fam,I found a 4plex in Texas, at a decent price, but the rents aren’t at market. I highly doubt anyone would want to pay an extra $500 a month in rent, so I’m thinking I’d have to evict everyone. Is this a ba...
I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?
Lets say you pay it off faster then you get all the rent the tenants...
Hello Everyone...I would like to get some insight/advice on my strategy.I've been doing some digging into lease option strategies lately. Recently Read Wendy Patton's book on Lease Option and Sub 2... Most of her ma...