Rick Im
How soon can I convert a rental property to my primary residence?
I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated. If I rent out my current primary residence, I could generate over $1K in positive cash flow, so I'm ...
Jack Johnson
closing first property with tenants already in place - now what?
all the properties I have closed in the past where always vacant - i bought, rented and started with new tenants, etcI'm closing a duplex tomorrow - with tenants already in place - suggestions on how to make transitio...
Daniel Stevens
New member and excited to get some initial properties
Hello everyone! I live in Northern Oakland County in the State of Michigan about 45 minutes North of Detroit. I am starting out later in life (age 50) and looking to have some passive cash flow and hoping for apprec...
Mitchell Coles
Strategic Buy & Hold with ADU Potential in Morganton, NC
Investment Info:
Single-family residence buy & hold investment.
This single-family property, acquired in June, is a key piece of a visionary development in Morganton. Renovated with cosmetic updates for ...
Tate Shadbourne
Big Bear STR Market
Considering investing in a STR in the Big Bear, CA area this year. I am looking for realtor recommendations in the area? Especially someone that works with investors!
Would also love to hear any tips/thoughts/succes...
William R Johnson
Novice/Beginner Investor living in DuPage County IL but investing in Southwest Michigan (Niles)
Hello BP, My name is Will Johnson. I live in DuPage County IL (just outside Chicago). I joined BP because I am just getting into the real estate investing game and I want to learn as much as I can. I have some ve...
Zach Adams
FHA MIP Never goes away?
Hoping to get under contract on a duplex as an owner-occupied property in next couple of days. I'm using FHA so I can put 3.5% down. I thought then when I eventually have 20% of the loan payed, the MIP would be canc...
Gloria C.
Best zip codes for investing in Huntsville?
Possibly looking to buy SFR/MFR in Huntsville. What seem to be the best zip codes for rentals? Thanks Gloria Vega
Wojciech Grajewski
How do I take Equity out?
Hello,
I own a home on Long Island that is currently worth about $500,000. The house is fully paid for. I have about $48,000 in cash and would like to purchase my first investment property. Should I do a HELOC? Can I...
Alan Hale
Modeling question - Are my numbers off?
Is my modeling wrong?I'm running BRRRR deals through my modeling sheet and none of them ever come with positive cash flow. (All from the DFW area)
Attached is an expense chart for a house purchased at $250k with a $...