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Hello, First question for all of you. Stumbled on a great deal that I cannot turn down for a second rental property. Currently own one property free and clear that brings in $1100 a month. We paid 40k for is and it...
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Two Family Property, 2BR/1BA each unitPurchase Price: $175,000Gross Rent: $1,800/month (might be able to get more, but let's play it safe)Monthly Expenses:Mortgage (includes taxes, insurance): $1,213PM(10%): $180 (pai...
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Hello BP,First post. First time buying an investment property. I’m 26 years old. I went to look at a 3 family home yesterday. My goal is to house hack a multi-family and then move out after 12-18 months when I am able...
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I'm an avid consumer of the BP podcasts, and to some extent the content on these forums. So I understand that any buy-and-hold strategies don't generally care about short-term market conditions. When asked "if the mar...
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Hi BP community!I'm under contract on an investment property and am interested in connecting with HML recommendations for investors who have poor credit (temporarily!).Thanks for any guidance you can provide.
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Before COVID-19, bond yields were pretty poultry, forcing income investors (retirees and those with lower appetites for risk, or getting closer to retirement) to take on more risk than in the past. The standard advic...
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I am in the process of negotiating for a purchase. It is a duplex in a overall good location, but the street is very rough. Therefore I feel like there is more risk. Some of the homes are brand new and some need to...
I have been monitoring and researching the Tax deed process in Texas for the last 6 months. I have all the information I need to pull the trigger on my first transaction but I do want to know if anyone knows any ways ...
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I am not trying to incite any political debate. I genuinely would like to understand the risks to Mom and Pop landlords like myself. We currently own SFR portfolio in Memphis and Little Rock. Do you think there wi...
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I'm listening to Brandon Turner's book "The Book in Rental Property Investing" where he mentions that a house hacker must live in the property for a minimum of 1 year in order to be able to "qualify".What exactly does...