Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
I was hoping to poll those willing to share on your personal practices for keeping reserves as buy and hold investors. If you are willing to shed some light on your philosophy behind your practices that would be even ...
whats the best advice you can give a new investor. Whats made you success ? What was your trial and error story ?
Is there anyway you can take the equity in your house now while the prices are high and save it for when real estate gets cheaper while avoiding capital gains. The 1031 only gives you 180 days.
Good Morning BP! I have a question that I've been playing over in my mind in many ways, my question is I have 1 property with a long-term tenant that in July will renew our contract for two years. I have 20% in cash...
Hi All,
I'm trying to understand cashflow. I'm looking to invest in the Canadian market. There are many articles on the internet that show as little as 1-2% of property investments cashflow. I find that number stagge...
Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...
Hi BP,I have a question, I'm looking to buy my first multifamily either Q4 of this year (right around the corner) or Q1/Q2 of 2017. Here's my dilemma. I've only got about $20k saved up. I've spoken to mortgage brokers...
Hello again everyone.Small time/newer investor from bout 30 minutes north of Pittsburgh, in Cranberry. I recently came into some cash from another investment that is now complete, around 30K. I am a buy and hold inve...
I have around 100k in savings that I would like to put towards the purchase of an investment property in Rochester, NY. I’m looking for income generating rental properties that cost under $90,000. What are the best fi...