Djuan Snowden
Fund roth IRA, pay my taxes or keep saving.
Hello all,My question is not 100% related to buying or selling a piece of real estate but it does relate to financing and getting things in order to purchase my first investment property so I hope it can still get som...
Gerard Charles
Private loan: how can you tell if they are honest?
Hello! I had posted my post last Fall about Financial advise. I got a colleague request from Sandra Warren. I accepted and she does loans referrals. She referred me to a Michael Adamez (loan office). At first I ig...
Donald Hendricks
Pitfalls of buying a home on owner finance terms
I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.
Question is, what are the pitfalls of buying on owner financing? What...
Jeremy Mahan
Need Advice! Refinance Current Rental or Purchase a New One?
I currently have a rental property that I used to live in while attending college. My interest rate is 7%. I would like to purchase another rental property, however, I'm not sure if I would be better off refinancing...
Paolo B.
1st DM campaign, I have a lead, but unsure because of loan mod?
Hi BP! I've been a wallflower on BP for a few months and I finally built up the courage to do my first DM campaign. I have a lead now that didn't ask me to take me off my mailing list. I'll try to be as detailed as po...
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What is a good formula for splitting profits on a property?
I am involved in a 3-way investment on a rental property and we are being forced to sell because of a DOT project. Our profit on this property will be approximately $75,000 and we need to figure out how to split this ...
Justin Currie
Canadian Investor Scenario
Hello all, I have been involved with many investments but am looking for my first REI venture. I'm in Calgary, AB and have two possible scenarios to jump in to the market. 1. Buy in Calgary as a permanent residence an...
Jeff G.
How Do Landlords Make Money In Absolute War Zones?
How do landlords make money in war zones? I get that a large percentage of the rental population in war zone areas is likely Section 8. As a kid, I used to live in war zones (I'm originally from Flint, MI. Yes, that F...
Brendon Kerrigan
Feedback on RentRedi
Hi BP Community,I am about to place my first tenant and I used the $1 trial with RentRedi, so I went through their application process, which was relatively easy, streamlined, and I did like it. However, now that I a...
Eric Bilderback
What is a Return on Equity Percentage
What do you guys think is a solid ROE number and why? I listened to the BP podcast and they were talking about this. I have had more appreciation then I would have expected which has skewed the ROE in a good way but...