Hello all,I am very excited and nervous at the same time about this new venture. I've been a business owner for many years but in a wholly different industry. My long term goal with real estate investing is to conti...
Hi BP Members,I purchased a property around 6 months ago. Today I wanted to sell the property back to a relative. I wanted to sell it at the price that I purchase it at and have him assume the loan to keep the low int...
With my wife retiring from Active Duty in a few years, and me being a 100% disabled veteran with huge tax breaks in our state, we want to make our way into real estate investing. We wanted to wait a couple years for t...
Hi all. Just ran these preliminary numbers. Tell me what you think. Thanks View report
*This link comes directly from our calculators, based on information input by the member who posted.
So the biggest challenge I see with this property is the lot size. It is big enough to split and that would be my plan. But how do I calculate that into the deal? Knowing I can sell the other lot off or even better bu...
What is the appropriate amount of Umbrella coverage does one need to ensure adequate/robust (but not excessive) coverage? To put some (fictitious)numbers out :Prop 1 valued at 1million Prop 2 valued at 2 million Addtl...
What's up BP,I'm about to rent out my first property (house hack) in central VA to tenants that aren't friends - as in, I went through the full screening process and application. I have a couple that look to be a grea...
Hello everyone. Question about equity and what to do with it. I currently own 3 rental properties and have decent equity in each of them. Does it make sense to take out as much as I can against each house and use that...
Hi,
Maybe someone here can provide me some feedback on my first short term lease opportunity. An insurance company placement service has negotiated a displaced tenant's stay in one of my homes and I have accepted t...
Trying to house hack a 4 plex using my va loan. I got financing covered. Think I used the calculator correctly but the results seem a bit too positive. Units are all rented out @975/ one renter is moving at the end o...