Chad McDaniel
How much of a bank roll do you recommend?
In a previous tread (What does it take to be successful) the following was stated:
"Like any business the number one way to increase chances of success is to be well capitalized.
Everyone talks about getting into RE...
Jennifer Ullrich
Help Please, 1st Deal Buy & Hold Analysis
Good morning, I currently have 2 properties that I'm looking at for my 1st deal, but when I put the #s into the BP rental property calculator, it looks like the cash flow is minimal or negative. Am I doing this corre...
Jeff Irwin
How is real estate better than stock market?
Hello from Jeff n Debbie in Jacksonville Florida88fierojeff April 27 in Introduce yourselfWe are new here. We have been reading Mark Ferguson's Build a Rental Property Empire, and just ordered "The Blueprint".We are e...
Latimer Luis
Should I sell or keep after tenant moves out?
Hi BP community -
I'm speaking with tenants later today who presumably will want to move out of the property by the end of the month, purely based on the tone of their text message. They had expressed in the past th...
Sacha LaCoss
Getting Started-MH Lot Rental Questions
We own 2 lots in Northern NM we would like to rent to mobile home owners, but I’m not sure where to start? We would not be creating a “park” per say, here is what we have:2 side by side 1/2 acre lots we own outright (...
Eric Lee
Interest rate for investment properties
Hi All,I was wondering what the typical spread is between interest rates for a conventional 30 yr loan for a primary residence vs. a rental property? My lender quoted me at 5.375% for rental property loan with 20% do...
Jon Gorman
Should I keep these properties or sell and invest in stocks?
Posting on behalf of a family member:
“I am trying to decide whether to continue to rent vs. sell two investment properties. Two equally important goals: first is to maximize return on investment without eating into ...
Kyle Schroeder
San Diego Ranks As The Least Affordable City In USA To Buy a Home
A few weeks ago, San Diego was rated as the least affordable city in America to purchase a home. This does not mean that we have the most expensive homes, but rather wages have not caught up to the skyrocketing price...
Conte Cuttino
Should I Keep Or Sale for $40K profit
Hello,
This property reno budget got out of hand but was appraised for more then expected at 191K. Home is not in a desirable location but good block so still waiting for desired rent which my property management sa...
Raj Parwani
pay cash or finance
Considering to purchase property for rental purpose : Is it best to pay cash or to finance? The Rich Dad series in in favor of using bank financing to purchase a property. I was thinking that instead of paying 5% int...