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I would really love some advice from the BP community. I recently made an offer on a duplex in another state. It was supposedly a turnkey property and is being sold by a developer. The offer was accepted however when ...
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I just want to say i’m a complete novice and new to this. I’m expecting some type of criticism for not understanding or maybe l do. I’ve always heard of people flipping houses & know of family friends who own a de...
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Hello!Our names are Kelly and Trino. We are from Omaha, Nebraska. My husband, Trino, is a dentist in the Omaha area. He owns his own Comfort Dental practice. I'm currently a school psychologist, but I'm transition...
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BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%. A couple of lenders I've connected to are saying the only way I can get refinancing is to remove the property...
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I've never invested in investment rental properties and I have a question. I am buying a small multifamily unit for $1.535mm and will put down 30% and borrow 70%.If I finance purchase with a 15yr fixed my monthly pay...
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Hello All,I am not currently in the real estate market (have 1 semester of college remaining) but am trying to do as much research as I can now so that I can hit the ground running once I graduate.I read "Wealth Prese...
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Almost every person I deal with wants to only provide proforma numbers of their best case scenario with no capex or vacancy built in. I ask for schedule E and they claim the have only owned the property for 2 years. O...
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Predicting what the real estate industry will look like beyond 10 years is hard, but I can safely say this: Within the next decade, real estate agents will no longer be showing homes – with exclusion of the luxury mar...
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So the scenario is that I have had these tenants for a couple months now and they want to do work in exchange for rent. They are also never one day past the 1st on rent deposit either. Sounds like a good deal because ...
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Hey all,I've been working with a realtor in Austin, TX looking at buying rental property in the area. Based on our research, it's going to be nearly impossible to cash flow in the area unless I bump up my down payment...