So just to give an update on where this REI journey is taking me.My recent gains has allowed me to be able to do a down payment of $600k-$800k which has now allowed me to look at properties from the $2mm-$3mm.It's sti...

Hi BP Family,So, I'm in a bit of a sticky situation.  I sold a property on Land Contract (in Michigan), and the purchaser defaulted on payments one month after signing the LC.  It's been a long time  (so long it's too...

I have yet to purchase an apartment building but I want to know how much cash reserve you need when you first buy the building, and then when you are running it. Let's say the downpayment (20%) is $100k, how much woul...

Hi BP forum,If I were to secure a $50k HELOC on my primary residence at 3.5% and never actually use any of the money would I still have monthly payments?  i.e.  interest payments?  Thanks!

Hello all, I have a found an amazing property and got it under contract. Im looking at all my financing options at the moment. I have spoken to to a hard money lender to get the numbers on that. I don't think could sw...

Hello,I am a first time landlord. I bought a new construction end of December and listed my property same day. I only have had one application. She is a realtor and financial advisor but going through a divorce. Her c...

I recently  have bought a house that really didn't provide cash flow, I since then converted the house into a duplex and now have a projected cash flow of $200 per unit. With that said....Im all out of cash. My questi...

How do you get started in section 8?
What’s the process?
Who do you speak to in your county/state?
Is there a way to find out how much rent will be subsidized in advance?

Any guidance appreciated 

I'm asking for advice to see if this purchase make sense. It's 5-unit apartment building in OC, gross income $74340, op expense $20525, purchase price 1.1MDownpayment: 500k
My input: 300k line of credit, current int...

It's been a while since I had to screen a new tenant. Eight years to be precise. :-)  Any recommendations of apps to use. I am looking at Cozy right now, but I would appreciate any other recommendations that other mem...