Hi BP, I have a property that I’ve been holding for 5 years. It’s on a 30-year mortgage with ~$130k remaining at a 5.25% interest rate. my monthly mortgage + expenses = 1,350/month and I bring in $2,800/month in renta...
Investment Info:
Single-family residence other investment.
Purchase price: $342,000
I do Airbnb on it, and medium terms.
What made you interested in investing in this type of deal?
increase ...
Looking for an opinion on wether to keep or sell a house. We own a 1911 single family rental in a quaint country village 30 minutes from the city. After 2 years of renting it out we tried selling it to make our money ...
Hi there I own a SFH in Odessa Texas, purchased with own cash. After purchased and rehhabed total invested $213kThe current ARV is $225k I decided to rent the property long term rental contract for 1 year, it will be...
Hi everyone!
My fiance and I own a property in south Everett WA. We purchased it in November 2020 right before the pandemic at a purchase price of $330,000, a 3 bed 2 bath with a detached garage that was converted in...
I have a condo currently cashflowing about $250 a month ($2250 rent - $2000 PITI + HOA). I have about $100k equity in it. It is currently on a 15 year schedule and I have 12 years until paying it off. The interest rat...
Hi BP family. Looking for points of view on selling or keeping properties in Toronto, Ontario. Here is the scenerio:3-unit investment property worth $2m. Have $500K mortgage. Currently cash flows. Is it better to sell...
Contractor currently charges % on total spent which gives him no motivation to keep bids low or fight for better deals with subs/suppliers. Wanted to get some ideas on how I can incentivize him to be motivated to get ...
I’m going to rehab my rental unit. I want to remove the popcorn ceiling and thinking what to do with the ceiling fan. Just one less thing to fix if it breaks in a rental. Any thoughts?
I have an opportunity to buy 4 properties from a retiring landlord.The deal looks like this.$2500 down274,000 purchase price10% interest PITI $ 2422.10Max income would be $2850 (rent)This obviously will not work when ...