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Hello, I am a new investor from Springfield Missouri area.
My name is Naoko Potts, I work for Expedia and after Covid hit, as you can imagine, people stopped traveling and we were force to work reduced hours. As I...
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I've been searching for a potential BRRRR property in Metro Detroit. My buy option would be my HELOC which is on our primary residence. Currently it is at roughly 87k and 90% LTV. They offer up to 100% LTV which I'...
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What extra precautions would you consider now when buying SFHs for buy/hold? We have a deal of 13 SFHs with a 30% ROI after taking the following allocations: - 21% towards repairs/vacancy/capex,- Paying taxes and insu...
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Hi,
I live in CA and is considering investing in Austin. My strategy is to buy and hold and I am focusing on properties under 200K that could give a decent 1% return. However since the housing market has gone up quit...
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I own 4 different homes that are all sitting on the MLS and I would like to sell them by the end of the year. Locations are:Newberry, SC (listed at $45.5)Trinity, AL (listed at $87.5k)Heber Springs, AR (listed at $10...
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Hello all. After initially considering cash purchases in upstate NY, my husband and I totally changing tack and looking to buy a multiplex with an FHA loan in Massachusetts. We have about 55k saved, and are currently ...
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Members of BP,I'm a rookie at REI and I would love to increase my level of education on the subject in order to have my first deal done by September 2019. That being said, I live in New York City and as we all know, t...
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First post here...My question/concern is this... good tenants will be good tenants regardless if there is a binding lease or not. Bad tenants will be bad tenants regardless if there is a binding lease or not.I'm curre...
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Over the past six years of slowly growing my portfolio I have gotten to the point of my very lean F.I. number. We haven't spent a dime of our rental income since I started and have just reinvested to 13 LTR's and stil...
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OK, alleged felon.I bought a nine-unit complex a few months back and it came with some interesting residents. Many of them are good people who put up with an inattentive owner. The previous owner was in her eighties a...