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A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
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Hello all! I have been back and forth on the idea of setting up an LLC for 2 rental properties (each 3 units) I currently own. I live in one of the units with my family. I've been doing some research on pros and cons ...
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Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary. You make payments to the se...
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I am heading down to Florida---namely Tampa, Orlando and Daytona Beach. I am scouting out duplexes and single family homes in those three areas.Where are the cheapest properties in those areas to find great deals? I j...
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ATTENTION NEWBIES:Hi! I’m Alex and I am one of you. After soaking in as much knowledge as possible this past year, my portfolio is still 0 but I am overly anxious to take action. I am looking for fellow beginners who ...
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I’ve reached a milestone on BP—I now have a comma in my post count. This will never happen to me again. I’ll never post enough to get two commas. While many people have achieved this milestone much faster, It’s tak...
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With property prices rising in the recent years, it seems like most turnkey companies cannot provide worthwhile returns. Most of the available properties I have seen recently quote an 8% cash on cash return, but after...
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Considering investing in SFRs in Stockton CA.
Would like anyone who is already in that market to give their opinion on:
areas to avoid, crime, rental market, investment clubs, specific properties, etc.
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Hey all. My wife and I are considering making an offer on the following SFH:
3/1 with 1340sq.ft listed at $64,900. Built in 1954. Its an estate sale by the only child of the deceased homeowner. Vacant for...
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Most advice on BP and all other investor groups focuses on individual experience, anecdotal knowledge, and common wisdom. These things are great, and I have the utmost gratitude for all those who share.
Nonetheless,...