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Hey everyone hope you guys are staying safe and healthy! I was just wondering what you would do with 60k or what you would recommend I do with about 60k. This would be my first investment property, but i'm wondering i...
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Hello! It is time for me to share another story concerning one of my international investments in Medellin, Colombia, South America. This is a 30-year-old penthouse that I bought and completely remodeled. I went over...
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Residential lending standards have come a LONG way since the 2008 GREAT recession. It is much harder to qualify for a mortgage today than it was before the 2008 recession. Today 95% + of loans qualify show income in...
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What is the best loan to use in a fix and flip
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Hi All,
Can anyone recommend reading material (BP articles etc) that covers how I can pay myself each month with my rental property cashflow? More specifically, how do I calculate what I need to set aside for taxes b...
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Hello all,We are looking to buy a condo in Austin area for us to live in for the next 5-6 years. But the condo price is $350k for 2000 sq ft. Not sure if it retains the value over a period of 10 years.We are also look...
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Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...
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I have a rental property in Georgia that i purchased in 2006. It never recovered the downturn and it has a negative cashflow. Balance is around 124K. Value around 110K. Negative cashflow around $350. Should I Deed in ...
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My wife and I are buying a house that has been on VRBO for several years, has a solid rental history, great reviews built up, etc., and we’re trying to work with the seller and the folks at VRBO to transition their ac...
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My son is going to the University of Florida this fall. Although freshman must stay in a dorm their first year, I am looking at a 4/4 just on edge of campus now so he has a place for soph-senior years,which will cash ...