Dustin Turner
Are the Smokies Too Hot?
Hey there! I've been looking for our next STR investment and have been drawn to the Smokies...like so many other investors. I, of course, am looking for a deal. A diamond in the rough that we can improve and then incr...
Yunning Lee
Cost to build a 6 floor 12 units apartment building
Hi Everyone:I am new to this forum. This is literally the first discussion I posted here. We are currently under an agreement of a 4-plex of 1million. We are debating whether it is a good idea to buy this property or ...
Carolyn Morales
Mortgage terms, 10, 15, 20 or 30 years and why?
For Mortgages, including Primary Residence and Rentals, Do you choose 10, 15, 20, or 30 year terms and why? We tend to go fewer years, with the mind to pay down principal faster and so far all are buy and hold, with ...
Antonio Palumbo
Cash flow negative but making a profit. I think?
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
Jim Cummings
Paying off An Existing Loan
Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031 & is held in personal name (NOT LLC or S Corp:Small mortgage - roughly $42K. Current value around $300...
Gloria Sheridan
Reviewing Performance of My First RE Deal (Turnkey Rental)
I pretty regularly circle back and review my figures for prior deals to see if there are any tweaks I can make to improve the accuracy of my forecasted investment performance.I went back to the figures I’d prepared to...
Jon S.
Survey for out-of-state turnkey investors
Hey all. I would like to ask those of you who have invested in out-of-state turnkeys several questions. 1. How many out of state turnkeys have you purchased?2. Do you still own these properties or were any sold?3. Ho...
Moon Molson
Just Got hit with a Nearly $500 Tenant Water Bill!
Philly Landlords,
I am paying the water utility on my East Kensington duplex and just got hit with a $485 water bill (when it averages $112 in the summer)! I sent the plumbers in, and they found a leak in the wall du...
Steve Sidie
How to get out of a HM loan where you owe more than what could the property sell for?
Hello BP Community, I have a quick question and would like to get views from other people. I have a property that I purchased with HM loan a couple years ago that needed rehab. My strategy was to BRRRR however it has ...
Nash Mittelman
Are BRRRRs still a thing?
BP!
I'm an active real estate agent and investor in the Bay Area, almost done with the BRRRR book, and excited to get started building an out-of-state investment portfolio. I have some capital and looking into gett...