Hi BP!
I got into a pre-sale for a condo in Tulum, Mexico with the idea that I would Air BNB it and also go in visit through extended periods. I'm supposed to receive the keys this summer and they have been making gr...
Hi everyone. I am getting ready to close on property number 6. As an intro, my five other properties are all SFH. This one is a four family. Up to this point I have not had an LLC, I have just carried are large um...
For those of you who practice holiday gift-giving to tenants, what ideas do you have for a gift? To start:Gift card to a neighborhood restaurant or coffee shopA book (about what?)Gift card to an airline (e.g. my tenan...
Well it is time for the paralysis analysis to end. I have essentially had my hand forced into starting my "investing". I am currently still on Active Duty in the US Army, and have been placed on assignment to San Jose...
What is the deal with Detroit?
Every post I read is filled with negative opinions. Is Detroit similar to Washington DC a few years ago? Where locals knew the few bad streets to stay away from but the general populat...
Hi BP and Happy Sunday!In the process of screening tenants for my first ever rental property. I've read the BP book on manging rental properties, and other articles and such about the Fair Housing Act, and am wonderin...
Hi ya'll, Wanted to hear your thought on this. Currently have $170k saved up + mother offered to sign loan w/ me. Looking at duplex/triplex and plan on house hacking. My lender basically stated, whatever monthly payme...
My last few weeks in a nutshell:1. Spot a REO good property on Zillow that is overpriced for local market.2. Call Realtor on website, ask to be shown property.3. Go and tour site, take some photos, ask some questions....
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
I was curious about this. I see many people not wanting to be members of their local REI Clubs. I wonder why? You want to network, meet buyers, sellers, lenders, even get some education. Seems like the place to be?...