We are in the market to buy and hold and plan to put down 25%.We have a seasonal real estate agent working with us, who is also a friend. Rent in the areas we are interested in is about $1300 – $1550 for a 2 bds/1 ba...
Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
Hey I’m seventeen years old and trying to figure out what to do with my money. I make upwards of 10k a year from a w2 job and save every penny. I want to own a multi-family house in my college town by the time I am 20...
Hi BP community, I just finished listening to Mike Butler's "Landlording on Autopilot" audiobook, and I found his chapter on showing vacant units very interesting. For those that haven't read or listened, he recommend...
In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?
It seems like in the last couple of months I have seen a massive increase in posts of newbies who want to start out by wholesaling with low/ no money down and think they'll make a killing. Oftentimes the questions re...
so i implied for my first loan. It looks like i would be approved for a 170 thousand loan, but i need to have the 6000 in funds for a down payment. I dont have it and they won't accept friend's gift, it has to be a fa...
North Korea sinks a South Korea vessel in a completely unprovoked attack, killing over 50. Not a peep of outrage from the military.
Israel shoots back at an armed vessel attempting to resupply their enemies, killing...
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
The facts are straight forward:
1. I bought a Home Equity Loan in foreclosure. It was in the first position because a subsequent 'first' loan did not have a subordination agreement recorded. I received and recorded t...