Howard C
Calling all BPers: Need advice on how to structure a Deal
I need advice on how to make a deal happen.Currently a homeowner owes $1.3M on a loan and has stopped making payments on it for past 10 years. Property is located in New York, which is known for their long foreclosur...
Denis Couture
advice on investing $250 k
I'm a relatively new investor in real estate. Did 1 deal 30 years ago but want to ramp it up again. I have $250 k to invest and My goal is to maximize passive income over time. If you had $250 k what approach would yo...
Shankar Sridhar
Looking for data points from buy and hold investors in Indy
Hi Indy Investors,Just curious to know what are the returns you are getting for a standard 30-year buy and hold properties at Indianapolis, Marion CountyI am feeling, most of them who invest here, do flips, BRRRRs to ...
Michael Dunn
HELOC Question please ..........
Good Morning,How would my DTI be effected, assuming I take out a 10 year HELOC ( maybe I should opt for a 20 year ? )If I take out a 10 Year HELOC , won't my " Minimum " monthly payment be JUST the Interest ( If that'...
Brendan O'Brien
Incredibly Depressing
Massachusetts, where I lived from birth until June '06, has the second to worst job growth in the country. There are fewer jobs there than there were at the start of the 2001 recession.
Fundamentals drive real estat...
Alex Costas
Triplex
Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $10...
Adam Mitchell
Im Ready To Buy My first Multi Family Property
I am in Texas and have started to look for my first multi family property. Other than Loopnet what are some other sources of properties? I am looking for 25-130 units preferably in the Midwest or south US. If your an...
Robert Granara
many properties held in separate trusts
i am creating several realty trusts to hold my rental properties (which currently stands at 5)...14 units in 5 properties
my other option would be to creat an LLC to hold the 5 properties...i cant imagine creating 5 ...
Tony Thompson
"Protesting" Property Taxes
I have been talking with a Broker about a property I am looking at. She told me that since the appraisal value of the property may have been too high, taht I may be able to protest the property taxes and get a somewh...
Helen Yang
Raising rent during COVID?
Has anyone raised rent during these Covid times? We haven’t raised rent since tenant moved in 3 years ago - this property is a condo and our HOA just increased and a brand AC unit was replaced last month. I was think...