Hello BP community! My name is Patrick and I am a new member here from Griswold, CT. For those who've never heard of it, it's just north of Norwich and New London lol. I have zero experience in REI and know nothing ab...
I have a townhouse in Littleton, CO that I co-own with my ex-wife. She will be wanting to move and sell. I am thinking of refinancing and buying her out and holding the property as a rental. I have used the rental ...
I have a 3 bedroom townhouse worth approximately 115-120k. I owe about 90K with 20 years left on the mortgage.My total mortgage payment is $725/month. Includes taxes and insurance.HOA is $110/month. Covers water an...
I've taken the leap to purchase property to rent. I was fortunate enough to find a quadplex for a very reasonable deal and negotiated in my favor. First time homebuyer a month prior. I've taken the leap and am look...
Hello all! I just joined BP! I've been watching the podcasts for awhile but decided it's time to join. My name is David McCauley. Im from and live in Tappahannock VA, about an hour east of Richmond. I bought my first ...
Currently reading Anson Young's book and I really like the idea/process of focusing on and farming a particular area. I want to begin as he suggests by establishing a baseline for a neighborhood or zip code. Whats y...
Hey y'all. New(er)bie here with a question. I'm on the verge of closing my second deal, which I've stumbled upon. We have an older family friend who no longer lives in his house (vacant for a year or so). He's looking...
Hello all, I am currently debating two different paths to get started in R.E.I. Path#1: I am wanting to build up my investment portfolio, typical buy and holds and occasionally flips etc.. Path#2 I have been entertain...
A quick note on Appraisers. So the buyers appraiser for my flip appraised it for 220k.We already agreed to sell at 230k to the buyer. If a 220k appraisal was the final word, The buyer wouldn't get funding. They would ...
Hi -My goal is to replace the income from my w4 job (about 3k/month after taxes) with "passive" income from rental properties. If I cash flowed $150 per property, this would mean that I would need 20 properties to mee...