I’ve heard that people lose everything when they’re overleveraged. When would you say people lose their shirt in RE investing, when debt to equity ratios are to high or when their debt to cash reserve ratios are too h...
Hello BP Community,This question is for the savvy REI's out there. When determining what is a great investment, what is the best way to go about it?here is an example of a property for sale in my area:Duplex809 N Hobs...
Hi All,I'm hearing from multiple sources that a potential economic downturn is likely to take place in the next term. Everyone has a theory (China's recession, Brexit, cyclical nature of the market, etc.).I figure th...
After furnishing quite a few properties for short-term rentals, we generally have a pretty good sense of how much to budget for furnishing whenever we’re putting together a budget for new properties. Being able to bud...
Today was President Trump's inauguration. The administration wasted no time and has halted one of Obama's last minute legislations to cute PMI rates. Correct me if I'm wrong, but I thought Trump is pro-real estate? Is...
I'm curious if there is anyone out there who has owned Turn Key properties longer than 5 years?The turn key approach sounds interesting, but most of the information I can find is relatively recent. People posting how ...
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
I'm a new member and this is my first post so please go easy on me! I'm interested in investing in my first LTR or MTR. I have a full-time job in NYC and travel excessively for work so I will need a property manager...
I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
Hello,
My tenant signed the pet agreement (addendum to rental agreement) prior to getting a puppy without my knowledge. I just found out she got a puppy after signing the document and not asking for permission. Wh...