I purchased my first multi family. I bought the place for 330K, i am getting rent roll about 3900 a month, and my mortgage is about 2500 includes tax insurance call.So this is property is cash flow positive, i curren...
Hi there, anyone in Portland Metro area (Oregon) has experience with buying a lot and building a SFH for resale? I would like to speak with you on your experience, cost calculations etc. I do see some spec homes avai...
I have a home i bought and nearly finished rehab. Started doing my paperwork to do a cash out refinance and back says i have to treat this as a HOME EQUITY loan. It still is a 80%ltv but max is 20year. They said i nee...
Hi guys! I've been working on a value-add multifamily project long-distance (~1000 miles away) since July, and had the pleasure of sharing an AWESOME update with my capital partner earlier this week. Wanted to share i...
I am based in Las Vegas ,NV -- was thinking about acquiring some rental properties in mid-west, possibly TX, AR, TN as well....what your take on it?- if you had to pick one location/state - what would that be?,... th...
Hi all,WHERE SHOULD I LOCATE MYSELF IN THE USA TO BEST TAKE ADVANTAGE OF FINDING AND BEING NEAR FLIPPING DEALS?That’s the big question I have. It’s quite a serious question too, because I very well may decide where to...
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Heres the short version for you who TLDR.I never bought a house before. Bought 2 in one day, 3 in one month. Learned all I needed to know right here on BP. Used all the calculators here on BP to figure out the deals....
Yet another month with declining home sales (9th in a row).
While home buyers are definitely hurting, we continue to see 3 kinds of investors:
1) The optimist - they keep buying, haven’t changed a strategy, take in...
Hello, everybody!I've made the decision to become a real estate investor. I'm still in the learning/education stage, but I hope to buy my first property within a year.I am also going into my third year of being a full...