Roy Lhanie
Best city to buy rental properties right now?
I am looking to buy a new investment property out of state as the California real estate market is becoming very competitive and doesn't make sense numbers wise. Looking for good returns on rental property for long t...
Account Closed
Three Rentals - Three Problems
Ok I just wanted to make a catchy title but I do have three problems, Well more like good problems to have...I have three condos in Las Vegas that are all paid off in cash. They are worth around 75k.My problem is this...
Casey Bradford
Payoff House vs. investing it
I would love to get some feedback from you all. I have the opportunity to pay off my house or invest it in real estate(buy&hold sf&mutli). I would love to know everyone's thoughts on this.
Account Closed
Zillow's "Make Me Move" strategy?
Hi all,I have just put 2 properties in the LA county area (one SFH, one Multi Family) on the "make me move" section on Zillow. I set the prices quite high to gauge the market for them not thinking there would be much ...
Jeff Brenot
Property tax increases on rental properties
Hello BP, I am evaluating a 4-plex in the Austin, TX area. The last tax assessment was for $395k in 2015 (~$9k taxes based on 2.2% tax rate). However, in the meantime, a similar property to the one I am evaluating sol...
Kris Fox
Negotiating with 2nd and 3rd mortgage holders for a MHP
I'm looking at a 10-unit mobile home park that has a tax value of 260k. It has total notes as follows:
160-170k 1st
80k 2nd
6k 3rd
for a total of 246-256k
How would you go about negotiating with Junior lien holder...
Carlos Webel
Set up of first 1031 Exchange
Hi,Although I have several rental properties, this is the first time I will sell one of them in US. I'm selling a Condo in Florida to invest that capital in Houston. The plan is to set this up as a 1031 Exchange. I'm ...
Anna Sarvis
Using a Heloc to BRRRR first long term rental question
My parents are interested in buying a property in their neighborhood using a HELOC to buy it for cash. We are brand new to real estate investing and are not sure how to go about this deal. The property is listed for $...
Olivia Evans
Loans equivalent to 203K loan but without using FHA
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...
Dean Smith
Auction
Hi, I am looking at a house that will go up for Auction in early October. It will more than likely go from $200-$240K based upon its size and location. What I am wondering is if I need to have financing all lined up o...