Lance La Croix
Change of Plans: No Duplex--Flipped Instead
Investment Info:
Small multi-family (2-4 units) other investment in Jordan.
Purchase price: $255,500
Cash invested: $1,500
Sale price: $356,600
We purchased our first primary residence in Februar...
Raymond Santos
Need help analyzing a rental property!! Any advice will help
I am looking at this property in Orlando Fl for my first rental I keep analyzing but I just want to make sure that I am plugging these numbers right. Here’s my deal:Duplex Price: $310,000Fha financing 3.5% : $10,850In...
Drew Davis
Crested Butte Conundrum
First time post, long time lurker.We purchased our first STR in Crested Butte, CO in November 2019. It was a new construction townhome in Crested Butte South (7-10 minute drive to town), and we paid $550k. We went liv...
Hudson Walker
What to do with $30,000 cash!?
Hello fellow BPs! I’ve worked and saved up about $30k. I want to get into real estate investing, but not sure if $30k is enough. My long term goal is to have enough long term and short term rentals to quite my 9-5. I ...
Glenn Willeford
Cash on Cash Return
Does the COCR change over time or is that relevant? For instance, if it is determined that the COCR is 20% before purchase and rents are increased during year 2 and the COCR increases by 5%, is that relevant and shoul...
Robert Parker
Searching for NNN single tenant property
Hi BP forum,
Nothing like starting off my fist post on the million dollar question (literally)!
I have been searching for Single Tenant Absolute NNN deals for the last few weeks and have found the CAP ...
Michael Dunn
What Percent Tax Bracket if Self-Employed / file a 1099 ??
Since we're here again for another Tax Season, I'm just curious , as to know 100% what Tax Bracket someone falls in as a whole ( State, City and Federal ) ....all Combined Is it 15% of your Income you should hold o...
Samuel Coicou
Can you get a home equity loan without a full time job?
Greetings Real Estate enthusiasts! My questions is in regards to financing deals using equity loans, cash-out refi or equity line of credit. If I decide to go full time with RE investing after I've acquiring 20+ cash ...
Gary Michalske
Need Line of Credit on a Rental in Alabama
Hi BP'ers:I have a need to obtain a line of credit on a free and clear rental property I own in Huntsville, AL. I have a HELOC from Bank of America on my Tennessee personal residence but they won't give me a line of ...
Daniel S.
New to real estate investing
Hello!I am a total newbie when it comes to real estate investing and have recently began looking more into it. I have come up with some savings and looking for a steady stream of income, perhaps from a multifamily.Wo...