Jack Budd
19 year old looking to get into real estate
I am a 19 year old going into my sophomore year of college as a business major (general right now but might narrow down to finance or something). As a result of scholarships I will have no college debt to pay off. I h...
Melissa Coombes
Keeping California condo as rental vrs selling when moving away
Family member is relocating out of California for a job opportunity. Owns a condo in Valencia, Ca. Bought for low 200’s in 2013. Current value is ~340k. I have been looking into jumping into real estate investing for ...
John Truong
Limit of 2 conventional loan applications per year
Hello all BP members,
I am about to close on a second rental SFH, financed with a conv. loan. The first loan was also conventional; both loans are within 4 months.
My loan officer told me that I have to...
Qasiym Glover
help with a potential deal
I'm new to the industry and I want to be taught how to do it right. I live in a nice area in Queens, NY, there are a couple distressed/abandoned properties in my area. There's one in particular that I'm talking abo...
Grace Wang
Will a power outage damage claim affect our insurance coverage in the future?
A voltage fluctuation caused by Dominion Power neutral wire happened in our residence last week. A lot of major appliances such as AC, built-in microwave and wall oven, dish washer, TV and car garage system did not...
Daniel Dietz
Software for Buy and Hold Analysis over the LONG haul?
Hi,
I have been looking, but with no luck, for a Buy & Hold analysis program for the long haul - meaning where you could project inflation into the rents, maintenance etc. And also that might show returns...
Kevin Bridgeman
Buying new home, converting current home to Investment Property. What is the best way to do this?
I currently live in a 1100 Sq. Ft. house in a small neighborhood. I purchased the house 3 years ago for $122,000 and still owe approximately 95% of its value. One of my coworkers is retiring and moving to Florida. ...
Justin Morris
I just want to take action! Need advice!
I started getting interested in REI about 6 months ago and I saw it as a very viable way to improve my financial situation and create security. I've read a ton and feel like I have paralysis by analysis. I got into le...
Sandy Blanton
Hold a cash reserve account in property manager's escrow?
Property Managers. In my area all of the larger PM's require the landlord to place a month's rent in a reserve account to cover repairs/etc. I'm the only one not doing it. However I'm thinking about starting such a...
Tom Lafferty
I guess I need to become my own wholesaler?
Okay, I feel like an idiot admitting this, but over the last few months that I've been researching and learning about rei, I assumed that marketing was only done by wholesalers. I originally set out to buy several bu...