Hello,I have a question about a situation I am in and I am trying to weigh the pros & cons.I currently own a 4 unit property that has approximately 25 years remaining on the 30 year fixed loan @ 4.375%.Current pay...
Two years ago I purchase my biggest mistake. It's a 1950's ranch home that blew my rehab budget out of the water. Lots of lessons learned here.I'm a buy-and-hold landlord, and I'm still ironing out the kinks with th...
Hi,My parents own a rental property that is paid off and they are thinking of selling it. However, I'm not sure if 1031 is possible or better.Option 1: they lived there as primary residence for 9 years, then rented it...
I am evaluating a listing that has good cash flow but is located in a bad area. My current situation is that I have never owned a property before and currently rent an apartment. I am 25 and have a net of around $50...
So I'm trying to do my do diligence but finding deal that makes sense in my market is feeling impossible!!!! I live in Austin Texas, and I've been seeing these properties sell for stupid numbers. I'm talking negative ...
I am looking at a park with about 35 lots with tenant owned homes. They are sub metered for all utilities from the town and the trash collection is done by the township. Everyone must mow their own lawn and keep the...
My realtor is connecting me with a lady that lives in my neighborhood that wants to sell her house. The seller inherited it from her mother but the house hasn't been through probate yet. She doesn't have the resources...
I have no debt, decent income and would be first time home buyer. Would you FHA 5% down? Here are the details. Obviously I did NOT include the 5% down. Any advice would be great. AP - $179K ($179 @5% 30YR)GSI - $27,00...
Hey everyone! This is a topic I have always been curious about and wanted to engage a conversation with the BP community!If you are involved in flips, why do you choose those over new constructions? Vice versa why do ...
Hello,My wife and I are going to be moving out of our primary residence soon so we can do a house hack and will turn our current house into our first SF rental. I had a few questions for other landlords who have lawn/...