I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
Hi All,I wanted to get a second opinion on this topic. I recently graduated from college, and am currently living in NYC. I started with about 90K in student debt and now have under 40K left to pay. I am saving each...
(Disclaimer: I totally took the formatting of this post from another post by Anton Ivanov that I liked a year back!)
A Little Backstory
I am currently 30, married, no kids, living in Gilbert, AZ and working as a fin...
Can a seller back out of a signed deal if they don't like the home inspection report details? I settled on a price which was good but at the top of what I considered a "deal" (only by a few thousand dollars). Sellers ...
I checked with my bank and I should be able to get a new $560K HELOC on my primary home. I would like to get some advice from BP about the investing strategy using the HELOC. I am in 40's and pretty busy with my curre...
I can't find a contractor to renovate my unit(s)! Advice needed on how to go about the process more effectively. So I recently bought my second duplex. I bought my first duplex/ home on April 27, 2015 and closed on my...
Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminu...
We looked at a property yesterday and the realtor was very cagey; no information, no sellers disclosure, no idea about whether it was sewer or septic. He said he told the seller “the less I know the better”. Very odd....
Long post warning....New landlord here, my first tenants (mom/daughter) moved in Oct 2018. Daughter is 63 and Mom is 85. Mom had just enough income to qualify for 3x rent and good credit. Daughter had bad credit and...