Hello, I am 20 years old almost 21 and in the next following year I will be looking for my first residence. I don’t want to be chained down by the 9-5 that I have been working since I have been 16. Any advice on how I...
Hey B.P Family...
I'm currently working on a deal. The seller wants to sell nine condos in Milwaukee, WI, in the Brown Deer Area (nicer side). Each unit for $30,000. All are in good condition and nicely kept. One un...
Hello BP community! Hoping I can pick your brilliant minds on a first-time investment property. I'm green and have been learning a ton from you guys. I'd love your help evaluating some numbers and a few scenarios. My ...
So I sold my house and pulled out everything I had invested in it. I bought the house for $280k, sold it for $350 and paid $10k in expenses on top of the $60k for the renovations, so in short... I broke even. I have $...
We bought a home 5 years ago. A total dive in a great area. It's been a great investment. One thing has always bothered me though. Nobody wanted the home because it needed so much work. The listing agent was frie...
I'm visiting my father-in-law for Christmas, and he told me about a student condo he owns that's not like anything I've run across before. It has about 160 doors and 700 or so rooms, and all doors are subject to the ...
If I had $200,000 in cash, would you advise taking out three mortgages that positively-cash-flow over a 30 year period at 4.5% with no prepayment penalty, or doing one all-cash purchase? I go over this in my head ...
Just recently I had a notice from our insurance carrier underwriting that they were canceling or insurance for our rental properties. They apparently have strict rules about what the owner company can be involved wit...
Hello BP!I have my first purchase, a duplex, under contract and am looking to close by the 18th of August. I chose this place because the back unit is enclosed in a 6ft brick and wooden fence with a private yard. It a...
Building a rental portfolio sounds easy when listening to a podcast or reading a blog article where the investor has accumulated dozens of units all at 1% rule multiples. But what to do in a market where you want to ...