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I have a client who recently completed a 3-year lease. They switched to month-to-month. I was planning on booting them out for a number of reasons but they offered to prepay for the year in advance. Since cash is king...
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Hi BP community!My mortgage banker suggests that apply for a HELOC on my private house and use those funds for a down payment on a rental property (2-4 units) my goal is cash flow of 10% and appreciation with the reha...
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Hello fellow BP members! I came across BP just 2 weeks ago after stumbling across Podcast 197 with Chris Heeren. Wow, what an eye opener! Since then, we have attended 2 trustee auctions, a couple BP webinars and list...
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I asked him more questions His lender loan expires 3/26He owes about 115ish to lender and then is 35K personally investedFor personal reasons, he needs to sell. I would like to help him if I can, even if I don't make...
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My wife and I will be stationed in Washington next year. We currently own a house in Charleston, SC and we were thinking about selling it. However I've been hearing a lot about real estate investing and renting our pr...
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Hello everyone.
I am in the middle of what I thought was the end of my eviction process (roughly 4 months to date). I received in the mail a judgment from the Worcester, MA Housing Court giving me (the landlo...
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I’ve been lurking on BP for about 6 years, but I think I am finally in a financial position to pull the trigger soon. My hang up has been that my wife and I are both self employed, so It took us a few years to get th...
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Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...
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Hello, all!I'm new to Durango, CO and excited to get involved in the real estate investing space here in town.As for me, I'm primarily interested in buy-and-hold rental properties for cash flow. I've heard Durango isn...
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Hi All,New investor here! I'm currently doing as much reading and learning as I can about investments (before I make my first purchase) and currently am looking to the mid west/Texas. I currently reside in CA and want...