David Czech
Should I be doing something with reserve cash I get from rent?
This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
Alixander Laffredo-Dietrich
Buyisng my first property post layoff
TL;DR - I am brand new to real estate and am weighing options on buying my first property that I can use to set me up to buy a full rental property in the future. However, I'm thinking how to navigate a less-than-idea...
Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Zachary S.
Student Loans vs Investing
Hi everyone,I am in the last leg of grad school and just recently took it on myself to start learning about real estate investing. Since then I have started reading a few REI books that everyone seems to recommend and...
Manuel Fontan
Hard money for beginners In's and Out's
Hello BP community!Me and my fianceé are newbies from the greater Boston area and we are interested in small multi-family properties (tris and quads). We want to pursue a BRRR strategy in either the Norfolk county, Wo...
Account Closed
Aspiring real estate investor in Baltimore
Hello everyoneMy name is Matthew and I am an aspiring real estate investor looking to purchase my first investment property in the Baltimore metro area. I have lived in the Baltimore area for a year and 1/2 and after...
John Byrne
In need of some advice.
Hello All, I am in need of some advice. My wife and I recently came into a windfall through an inheritance and we are planning on buying a rehabbing distressed properties. I am a licensed real estate agent and have h...
Jeff D.
Help me underwrite and come up with cash offer
Rent totals annualized $44,250Expenses Annualized $18,968NOI $25,281Asking is $350,000 (5 units) all 1 bedrooms Not much room for value add. Building is solid. 2 units have tenants that have been there 20 plus year...
Jewel Coleman
Fixing Up Rental Property
I have a rental property that is doing well. Now I would like to replace the whole roof of the house. There are a few areas that need immediate attention and instead of doing patch jobs, I'd rather take care of the wh...
Russell Moran
Grandparents left mortgage to Estate - Estate wants to sign to me
My grandparents passed away last year. I am the oldest grandchild. My mom and aunt are the only 2 surviving children of my grandparents. Grandparents had a will and my aunt moved into the house and taking over paym...