Jairo Serrano
First rental $1,300/month
First investment property currently rents for $1,300/month with principle, interest, tax and insurance and mortgage insurance at $1,056.35/month. Because of it’s appreciation we now have 20% equity so we want to get a...
Tom McMahon
Does the name on mortgage need to be changed to protect liability
Hey Everyone!New Investor here in Charleston SC! My wife and I are in the process of converting our primary home into a rental. I have created an LLC and plan to transfer the property title to the LLC. My question ...
Jane H.
Do We Fire this Property Manager
We have managed one SFR property, about 50 miles away, for 20 years. Got burned by one hoarding Tenant, who illegally was running a business. When he broke the Lease early (turns out he made a fortune and drove away ...
Steve NA
Has anyone in this Forum EVER had a Trouble
Hi Forum,I am New to the BP Family and I see that everyone on this site appears to be very friendly and willing to share information, unlike a lot of others I've been a part of. Being that I am new and I have read a l...
Maggie G.
Which rental property will be a better deal?
Hello. I am trying to analyze these two deals . What do you guys think about these two 6 Flats for sale , these 2 deals?. Is any of them a good deal or not? Any thought on this. I am a novice and I am trying to ana...
Julie Harris
LLC for investment properties
I am a starting up investor, I have registered LLC. Are you using LLC for the title and then use your own SSN/NAME for the finance part? so this way you are protecting yourself? please let m eknow. thank you!
Matthew Rembish
Fixed Costs?
As I am still a novice in real estate investing, I was wondering if anyone could explain what exactly composes "fixed costs" and if there is a formula out there for calculating it. (Maybe not the exact amount but just...
Corey M.
Lending rate for friend's flip
I've helped fund a friend's previous flips. He usually gets a hard money loan, but still needs bridge financing for the down and monthly payments. I've previously charged him between 7-8% interest, but that was over a...
Mary Jay
please help to figure out the best way to buy
So I was trying to do a deal subject 2 in a lien theory state. The seller owes 35K on the mortgage, property value is 65k. And the seller wants 65K. So if I buy the property, then the seller will continue to pay the m...
Lucas W Randol
Old Self Storage Building
I am looking into buying a self storage facility as my first investment. I am looking at some input from others about this investment. This is going to sort of be a puking of my thoughts on this investments so apologi...