Max Lala
Newbie real estate investor, what am I doing wrong?
I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...
Jimmy Hong
Should you pay off your mortgage?
Hi guys and gals,
Just an interesting read I ran into. Thought I share...
http://www.marketwatch.com/story/should-you-pay-off-your-mortgage-2013-08-14?link=MW_popular
Mike Anderson
Pull Equity or Sell a residential to get into Commercial
Ive got roughly 100k equity in my rental property. I want to get into commercial, with hopes of getting more cash flow and longer leases. Im not sure if its smartest to pull the equity using a line of credit, or selli...
James Gilpin
My first MFH Deal. Worth it??
Hi All,
I am looking to buy my first MFH with the view to add an additional one every year for the next 3-5 years, possibly even look into something bigger. Anyways...
House listed at $132,000
Got them down to $105,...
Aaron Knoll
Rent or sell: need advice?
I have a classic dilemma: rent or sell?Grade: a solid B. House needs some work, but will fetch a good price on the MLS.Good neighborhood, not huge upward potential, but in a state (and area) that is currently seeing e...
Ryan Moran
Multiple small-time partners?
New investor here, and I'm trying to learn about all my financing options while I'm searching for a buy-and-hold investment. I have a handful of friends/co-workers who would love to invest with me, but each of them o...
Donald Howaniec
Where would I start looking for a DST?
This is in conjunction with an earlier post regarding the sale of my property in Chicago and the purchase of a property in the Indianapolis area. I have been researching the 1031 exchange process and have come across ...
Mary Chen
investment property tax reporting with multiple partners
Kind of want to see if this is possible or absolutely not (I'm thinking not but just curious what others think). So my parents are doing a 1031 on their old property to buya new one. My brother and I would like to be ...
Dawn Batts
Investing starting with a lump of around $500k
Share your thoughts on buying rental income properties starting with about half a million dollars. The "why" is the important part of this question. If you are buying properties in the $100k range, do you buy the...
Jeremy Schreiber
1031 Exchange and Trusts
Hi BP Friends,I'm doing my first 1031 Exchange, and I need some simple help from those of you with experience.The house I'm selling was titled in my name. My wife and I recently setup a trust (based on my social sec...