Hello all, just bought a rental property, total 200 k, paid 25% down, so now loan of 154,000 at 6.8% over 15 years. Total interest over 15 yrs is 93k. I am in a position where I can pay it off and save all the interes...
I've got a property that I've owned a long time and it's been depreciated down to practically nothing (condo, so no land). I'm selling and I have a buyer if I will hold the paper. Say I get 20%dp, interest only and ...
Looks like my 1st property will be an FHA owner-occ quadplex. I've heard time and time again that there's no need to hire out property management for this small multifamily. What I'm unsure of is how I would handle ...
I will be graduating from college this December and I will be able to save 1,100 a month living with my parents after graduation. At that rate plus current savings, I should have about 15,000 to invest with in about ...
Hello all, I am a partner of a real estate investor group working out of Oklahoma City. We have a 5 (or less) year goal of hitting $50k/Month in passive income, via property cash flow. I am trying to map out a reasona...
Hi,
This is my first post so please bear with me :)
I am based in Bay area and want to acquire my first rental property. I was thinking about Raleigh Durhum area. Looking on Redfin, it doesn’t seem like I can get a...
Hi BP! First time posting, but I've been lurking this amazing site for about a month now trying to learn everything I can! As the title states I am from the Dallas, Texas area. Currently, a college student getting rea...
Hey BP Community. Thanks you so much in advance for your help with this situation. Its my first multi family....I've run the numbers, done the research, and this is my last step before making the plunge. See below a...
There is a lot of hype in the BP forums about the devastating effects the impending ‘crash’. It seems that this crash will have a negative impact on home buyers, but not investors. Do we really need to be freaking out?
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...