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Hi there fellow investors!We've done our first turnkey purchase with Morris Invest in Indianapolis about 6 month ago. A house in a C neighborhood near downtown, for about 50k. For this price the house was supposed to...
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Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
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This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
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What are you looking to do in 2025 to grow, regulate, or downsize your portfolio?I am looking to add:- one syndication investment (not multifamily because I invested in 3 multifamily syndications in 2024)- three turnk...
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Assuming you have a corporate job with employer matching 401k, would you save money for down payment for real estate investment or would you invest in 401k?I understand this question can be answered differently depend...
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Hi everyone,
I'm a new BP member living in southern California. I haven't quite found my niche yet, but I find myself being really drawn to the buy and hold type of investing.
It seems like buy and hold...
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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Hello, all. I tried to look through the forums for a related topic to this, but couldn't find one. With all the news of mass shootings, more and more people are buying weapons for their own protection. This isn't to s...
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My first (stressful) flip :)The house is a 1,875sqft 4br/2ba with a front yard, back yard, carport, porch and back patio with built-in firepit. Comp average days on market is between 36-43 for this area of town.My hou...
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Hello,Looking for some advice here. I am not sure what to do. I live in one side of a duplex and renting out the other side. There is a shared laundry room. My current tenants have paid on time every month, and every ...