Tom Donnelly
Would you AirBnB your property?
Hi bp community - I'm interested in your opinion on why you would or would NOT short-term rental your property. I talk to property owners almost everyday and while some are completely for the STR model because it bri...
Igor Khait
Investing in a property in Texas or Florida while living in Cali
Hello BP community!I'm 34, living in Los Angeles and looking to possibly invest in either Texas or Orlando, FL this year. I have no debt, credit score over 800, and have money saved up for a down payment, etc.Since it...
Adrienne Bryson
How does layout affect pricing?
So I'm working on a lead right now and the house has a really weird layout.It's considered a two story house with 3 bedrooms. But it seems like it would be more accurately described as a one story house with one bed...
Nathan Ward
How to win a bid on property
Hello BP,
A week ago I found a SFH listed at 55k on the MLS that turned out to be a Fannie Mae foreclosure. 3 bedroom old style house, finished basement and attic, and two car garage. Seemed like a good dea...
Michael Florence
Getting a Mortage for First Rental Property, and More
Hi everyone!I am new to this forum and to property investment and am interested in starting. I have been doing some preliminary research, and the real estate in Texas seemspretty worth investing. What do you think? I ...
Yasmani Delgado
Whats is your take on the 50% rule when analyzing a property?
I see how this rule can be useful, but I think it can't be a deal breaker. One can make the argument that It is too conservative. It may only apply to home run investments. However, it may turn people off to nice i...
Mark Cison
Buying First Multi-Unit in Tri-Taylor, Pilsen or Bridgeport - FHA
Hi folks!Over the last few months I've been on a mission to purchase my first investment property. During this time, I've been frequently using BP as a resource to help me along. You guys have some truly amazing advic...
John Dombrowski
OK I really want to get moving
Hi All,So I have been around BP for a year now soaking up all I can. I am 56 I finally lost my IT job of 19 years so I really want to try and get started with this RE gig. I have about $200K in my 401K that I need som...
Chris Heeren
Security Deposit when Evicted
I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
John D.
Irrationality of HML rates -- one size fits most?
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...