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Hello BP,I am going to close on my first SFR in Phoenix area in a month and I am trying to identify best route to rent and manage it. Should I hire a PM to manage since this is my first rental and I am out of state or...
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Hi everyone,I'm a mid-twenties engineer out of the SF Bay Area.I've been lurking the site for a few months as I've mulled the "Real Estate Option" - we're getting to that phase of the boom-bust cycle that I'm just not...
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General question, is there any recommendations or a rule of thumb for how long a house flip should take from the time you purchase the property? I know there are many factors that come into play. Thanks for the help i...
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Hey BP experts, I've got a question. If all else is relatively equal, which property type would you prefer: a six unit, one building apartment; an eight unit in two buildings; or 16 units in three buildings. The six a...
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Here's my situation: I want to buy an investment property at 20% down (which would be $10k-11k).I can get a loan for the down payment (talked with a credit union already). If I choose 5 years for repayment of this loa...
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Hi everyone. I am a new poster in the forums. My spouse and I are about to get into owning rental property (signing our first offer today) and I am getting cold feet. Could someone check out our numbers/plan and te...
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Has anyone heard of this?
I have a duplex in Northern California. We have owned it for two years. We now have quite a bit of equity and I'm looking to refinance and pull some cash out for another deal. The pr...
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Hi BP,I had an inspection done on a SFR I plan to buy and hold. Most of the inspection went great, but it was pointed out that there are two layers of shingles for the roof and there are two spots that leak. I know i...
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Hi BP community!I am getting ready to, hopefully), buy my first commercial sized apartment building this year. In preparation, I will be practicing my underwriting skills on a closed multi deal in my target area every...
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Hi Everyone,I'm currently looking at a deal that could be our first deal ever - It's very exciting but of course I'm trying to keep emotions out of it as this is purely an investment property. We are looking at it as ...