I am looking to purchase a condo. Here are the numbers I came up with for this property. What do you think of these numbers? Looking to purchase my first income property already have single family. Is this a decent ca...
Hi All - I’m a new member but my wife and I have been following this board for some time and really appreciate all the great conversations! I finally have a question worth signing up and posting :)We recently sold ou...
Let me first start by saying that I am far from being a newb in Short Sales. I'll be the first to admit that I'm not dumb enough to 'claim' to be doing short sales since 1952 or some crazy stuff like that.
As most o...
Hi all, I really like the forum, podcast and blog. I've been trying to learn as much as I can all over the web but this place seems to be the best and biggest. I'm looking to buy my first home as a rental property and...
How often do septic tanks back up to where the owner is forced to do something about it, say with sewage backing up in to the yard or the basement?I realize the answer is “it depends” but here is more information. The...
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
Last year we tried something new. In early December, we sent both our tenants (we only had two units at the time) a Christmas card saying thank you and enclosing a $50 gift card. We did it mainly to say thank-you t...
I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
I could use some advice on this.
Originally, I wanted to buy a multi family home in NYC with a FHA loan. I thought I could be a OO and live rent free AKA let my tenants cover the costs.
Thank goodness for BP! I may ...
Howdy folks,
My wife and I are looking to invest a significant amount of cash in to out of state rental properties with a target of $115k/year in passive income. I got Mashvisor and love the analytics that it offers...