Blake Gullett
About to pull the trigger on first RE investment.
I'm looking for some input on my situation. My father's co-worker is near retirement, experiencing health issues, and wants to cash out on his house. The gentleman owns two homes in the area, and has moved into t...
Mark M.
Should I sell or rent out house?
Unfortunately I recently went through a divorce. I kept the house which didnt have much equity in it. It appraised at $260K last summer and I owe $1500 per month on a $237K loan. The loan is a 3.65% fixed rate loan an...
Abdessettar Ibourki
a 2.5 car garage in a duplex.
I found a duplex and the cash flow looks promising. the concern that I have is that the duplex has a 2.5 detached car garage. Before moving forward in the offer process, I want to know if there is any cheap ideas to i...
Maggie Jones
Long-time Lurker in Los Angeles
My husband and I started our real estate journey in 2010 when we bought our first home, a duplex in Los Angeles. We spent the next 5 years on a DIY down-to-the-studs remodel on our unit. We were able to pull out some...
Jason Yuan
Section 8 ask me to pay back 5 year rent for $44,000
5 years ago, i advertised my house for rent for $780. a lady said she has a section vouch for $760, but she can pay the difference of $20 from her pocket. so we signed the lease for $780, but she changed the amount to...
Mehgan Moore
Condos as investments?
I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
Joshua Feit
Would you hit this one?
What's up BP!I have a deal that's mine for the taking. It has some distinct positives, and some major negatives. I'm looking for your quick input -- would you go for this one? Yes? No? Bonus points if you give your 1-...
John Ibbits
First investment property
I want to preface this by saying that I already own a small commercial building for my business and my personal home, so I understand what owning a property and required maintenance can look like. But I’ve never had a...
Roland Park
Upside down rental property
Hey. I have a upside down rental that was my first house. Bought it on the high side right before the housing bust. I refinanced it once to get the payment lower because my family was growing and we needed a bigger ho...
Peter K.
Can anybody explain to me what CAP RATE (%) is?
I'm still confused what CAP Rate (%) means? Anybody have any good explanation? (with examples? Thanks a bunch in advance.