I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
Say someone has tons of student loan debt, no savings, only asset being a 10 year old car worth $3,000, damaged credit due to some student loans in collections because salaries didn't match debt over time and couldn't...
Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However...
Hi BP Community,
First of all, I want to thank everyone for sharing their knowledge and experience with the rest of us!! I have benefitted so much from reading these forums and learning from the pros.
I am looking ...
Is it common for contractors to refuse to provide itimized bids?
Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
I don't know why, but this introduction post has eluded me. I'm going to get it written tonight, or I can't go to bed! ;-)Who am I? I'm 55 years old and female. I'm an engineer in the medical device field. I was ...
Hey guys! I am looking to buy my first STR in the Smokey Mountains in Tennessee this spring/ early summer, and am looking for some input from experienced owners in the area. I will be investing with an active equity p...
I am just curious as to what investors are finding more important. I have an array of clients, some seem to care more about the actual profit while some seem to be only concerned about the ROI. What is the main th...
I'm in about 5 different investment groups on Facebook and they all complain about wholesaler calls, wholesaler text, wholesaling postcards, etc. As someone who aspires to be a Buy and Hold Investor, I try to put myse...