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Hi all, so my dad recently did a cash out refi on his only rental property and pulled out 80k. He wants to invest by buying BRRRR properties. His plan was to use the funds to put down 20% on two 100k rental properties...
Hello Everyone. My name is Michael and I am 22years old. I am a little confuse about whether I should start flipping houses or buy a rental properties and rent them out. I have $45K saved up and I am thinking about ge...
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This post is long overdue but I'm finally taking the time to give my testimony and thank God that I've been blessed to be in my position.My real estate journey began February 18, 2018 when my best friend (since 7th gr...
Hello All!The above Karen Carpenter song immediately came to mind when I sat down to type my introduction. I recently inherited a decent house in a hard to sell area so I am a reluctant, yet willing to learn landlord....
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Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
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I am interested in buying a 2 flat/3 flat in Chicago, and I'd like to house hack the property. I'm new to Real Estate, and I don't really know where to begin looking. Any suggestions on which neighborhoods have a lot ...
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From day 1 the tenant has expressed an interest in buying my one and only rental.I'd like to sell said rental to tenant, eventually.However: House isn't worth more than 40K in it's current state, so renter couldn't ge...
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Hey BP Community,Question for you all: Looking to open a Line of Credit (called a Pledged Asset Line by Charles Schwab) against my brokerage investment accounts. Does anyone have any experience with this? I opened a H...
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So me and my wife started are real estate business about 3 1/2 years ago. We have 1 duplex and 13 single family homes. We are in Debt around $350,000. With Property Values if we sold all together would be a safe $1,0...
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I am just starting out and met with a seasoned real estate investor this morning. I explained that my investment strategy was going to be to BRR single-family homes. He said that it was basically impossible to BRR be...