Hi!I have a scenario i would like you all to weigh in on. My partner and I took our a HELOC on our homes. Keep in mind, our personal homes are not making any money. We used the HELOC funds to buy a SFH all cash. The S...
My husband and I just made our first property purchase. We are buying in Alabama and live in California.We are going to postpone getting an LLC until we get a few more properties. Being out of state a lot of the insur...
This is my first post, so here it goes...I have a Duplex Investment Property that was purchased via a 1031 a few years ago and since then the property has appreciated 50% and has a solid positive cash flow. I am not ...
I am a new investor in St. Louis and that will have about 1.5 million in cash to put into real estate by the end of 2016 early 2017. My question for BP is how would you invest the cash?We currently have 3 rental prop...
My husband and I would like to start investing in rental properties. There are a lot of duplexes in our area that have a good return. We have excellent credit and have the income to get approved through a conventional...
Hello All !
I found a charming home and know the owner lives out of state. According to the records bought the home for 44k and is selling for 66k and offering to carry the contract.
This would be m...
Rookie in Aurora, IL (Chicago suburb) looking for my first SFH or multi-family home to buy and hold. The issue that I am running into is that I have enough funds to put down the 20% for a conventional mortgage but it ...
Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
I purchased a cheap Amana a few years ago and the detergent dispenser no longer works. I've priced out the fix and it is almost as much as I paid for the machine. So I've decided to bite the bullet and purchase a new ...
I'm trying to create a buy and hold summary to distribute to partners, i.e. Realtors. What do you thinking of the following:
[b]Goal:
Increase portfolio of single family residences to provide additional passive inco...