Emil Pinlac
To Down BIG or Not to Down Big(... fha): Financing for Newbies
Hello All - Quick Question for the Forum: Should a NEW investor proceed in purchasing a property based exclusively on the merits of the DEAL (Cashflows 200-300 per month, good CACR) even WITHOUT 15-20% down and withou...
Yinglu Wang
How should I choose out of state rental investment?
Hello everyone,I currently work / live in New York City area. My goal is to purchase a duplex for rental investment in the next 12-18 months. Given the market I'm in, if I want to start rental investment I will have t...
Hannah Reichert
Mindset Shift: Going From a 9-5 to REI
Hi all! I'm new to BP though my husband has been urging me to join for awhile now. To make a long story hopefully not so long, last year after much discussion, book reading, podcast listening, etc, decided that we wan...
Tara G.
Owner signed lease one month before auction
We bid on a SFH atthe courthouse and are the highest bidders after the ten day upset period. In the meantime, we did our research and figured out that the owner moved out in June this year and has a tenant in the home...
Afsheen Akbar
Is refi a better option or Short sale?
Hi all
I am not sure if this is the correct place to post my question.
I need some suggestions on a similar situation.
I own a condo in FL which is extremely under water. The current loan balance is $102,000 where as...
Mitch Monmouth
Cash strategies
What are some of the best strategies to start with when a reasonable amount of cash is on hand?
My initial inclination is to purchase cash flow potential properties at distressed prices from wholesalers and/or strugg...
Derreck Wells
New from NH!
Hey all,
I'm from Lowell, MA, but moved to So. NH years ago, Pelham to be exact. (Yeah, that's right, keyword dropping!)
I've been interested in RE since I was 20ish, since the crash in the early 90s, but had...
Bryan N.
Insurance umbrella or just liability???
I was considering getting a $1M umbrella policy for $22 a month. I went online to get a quote on Rental Property Insurance (USAA calls it that) for a SFH I am evaluating. The quote showed for an additional 45 cents ...
J. Martin
Help on advancing my landlord systems
I recently listened to the audiobook, "Work the System," recommended by @Andy Kaufman at our last meetup, and it gave me some great ideas about setting up more well-defined and documented processes and systems ...
Joe Butcher
Rose bushes: A liability
My rental property has three rose bushes. They look nice and I think add a little curb appeal. There is one in the front and two in the backyard.
When trimming them the other day I realized just how thorny ...