Kori Kelly
What would you do with 50k from a rental property sale?
I’m selling my renta l and i should receive about 55k profit. I wanted to pay off one of my rentals that I only owe 30k on to increase cash flow. Then pay off some debt to make me more bankable for a heloc. Is that a ...
Nick Connor
Income producing property question
I have a question regarding the Cap Rate formula that someone told me about today. From the information that I gathered on multi units, you take the yearly income on your investment minus the yearly expenses, then mu...
Scott Bolinger
Memphis: Long Term Prospects
Hey guys, I own a property in Memphis and I'm looking into buying more there.The cash flow is incredible, but I'm concerned about where the market will be in 20 years. It seems like everybody and their brother is gett...
Gladys Cepeda
Multifamily vs. Couple of single homes
Hey investors!! What's your take/advice? Need advice as I am embarking in purchasing my first rental property. Is it better to invest in one 3-4 unit multi family first or 2-3 cheaper single family homes? what would ...
Karan Nanda
Is Midwest (Milwaukee area) good for buying and hold strategy
Hi All,Just wanted to get opinion of experts.Is Milwaukee area is a good place for Buy and Hold strategy? Any thoughts from people operating in this region.How can I determine If my strategy for building passive Incom...
Varinder Kumar
Current situation. What would you do?
I currently own a sfr. Current loan amount owed is $358,000. Current value of home is $550,000. I have rented this out for the past 3 years and am wondering if I should sell and take equity to put down on another prop...
Bob E.
Should I stay or Should I go..... Come On and Let Me Know
I have a high quality problem and am interested in some feedback from the BP community.We bought an REO several months ago and just go the former owner out this week. The house is full of junk (typical FC) but other ...
Jason Collins
Condo's Yes/No what to look out for
Hello, I recently came across some condo's that may make for good rentals. I have never looked at Condos before so I was wondering what types of pitfalls should I look out for? What type of questions should I be ask...
Bridget Ariel
Where to borrow money for remodel?
Bought a house for 1M with about 230k down at 2.9 interest for a 30 year mortgage. House includes a non permitted, detached ADU in the back where I live. The main house is being rented for $3,700. My mortgage payments...
Jake Drappi
BUY AND HOLD NOW OR MULTI FAMILY SYNDICATION LATER
Hello BP!I am still a newbie investor, looking for small buy and holds and possibly BRRRRs. As of right now, I can go down many routes, but finding the right pay seems to be the hardest obstacle. Financially, I am a...