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My wife and I currently own and live in our townhome in OC. Estimated 300k in equity currently. Would like to dip my toe in investing in rental properties. We would like to move into a bigger, forever home in the very...
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Hello! I wanted to gather advice and general information on getting a real estate license. Do you think that it is needed/encouraged to become a real estate investor? I am curious on what you all think about becoming ...
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My wife and I are looking into a couple of different options to fund our first rental property. Originally we were looking to do a cash out refi on our house to get money for the down payment on the rental of 25%. Ide...
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Hey BP i just have a quick question I am about 6,700 in CC debt I also made a mistake and took out an installment loan with upgrade for 4,000 monthly payment is about 178.00 for about 18 more months left on payments. ...
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Good evening all,I have a potential good problem to have and need advice. In summary I am a brand new wholesaler and started calling a tax delinquent list. Well, my 10th call was answered and the seller was motivated...
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So I'm in a jam with my wife and I on opposite ends - my parents are buying a new place and need to borrow money ($120k). Good relationship with us, they have excellent credit, financially responsible, 3 houses paid ...
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What is a good general strategy for thinking about when to refi a rental property to pull out equity that you can use to continue to scale your business? Are you doing it based on time and the current financial produc...
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A novice landlord in Baltimore city here.
To make the long story short, my tenant on a month-to-month lease is not paying rent and refusing to communicate with me. I already sent this tenant a failure to pay rent no...
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I have been in discussions about purchasing a 20 unit apartment complex and have some questions. Property detailsPrice- $350k20 units- all 2/1.5 townhome style apartmentsRents- $500 per unit Taxes- $9k per yr (per f...
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Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...