Hello all! Wanted to throw up a post concerning Environmental Site Assessments. I am a recently retired Army Engineer and licensed professional engineer. Over the course of the last 10 years I've performed dozens of P...
It seems like this crises might be over soon, but that doesn't mean anything will return to normal. In fact there are major changes ahead and the chances of a massive Depression are extremely high. In this post I will...
I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
A quick rundown. At the far secluded end to a Pennsylvania country lane, sits two houses, one house I've rented for 10 years, and the second house where my landlord's son and his family live and have so for about the...
Over the last three years, I've invested in 5 single family/condo properties that generate an average cash on cash return of 14% in Knoxville, TN. I'm pretty happy with it and try to pat myself on the back for it - bu...
We recently purchased our first rental property. I am looking for advice on being a first time landlord. What mistakes have you learned from over the years?
I'm in the process of buying my next property, which happens to be a duplex. But I'm starting to think I should hold off because I really want to buy an apartment building. However, the thing is I don't have $250k to ...
We have all heard the term "investor friendly" realtor/agent, and I know there is tons of good information on BP about what makes an agent investor friendly. But what makes a broker investor friendly? If you're an inv...
I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...