2021 Goal is to grow to 10 doors from 1, investing for cash flow.I currently own 1 rental in San Diego that breaks-even because I stuck my retired parents in it, it’s 60%LTV with $320k mortgage, worth $545k.I rent in ...
Hi,
I am a resident of Texas. I have been a good tenant (openly acknowledged by my land lord) and on occasion, I have even helped her out by forwarding her critical mails etc. I can only guess that she is h...
Quick question BP Family! I've done a couple wholesale deals in the past but they were insane to say the least. Mind you I am self taught so that definitely didn't give me an advantage. I found it rather tricky trying...
Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
I think I wrote this post a dozen times and deleted it. I'm not sure how to ask it.
In 2013 I lost my step mother(mom) to cancer she left behind many assets and a bit of money for my family and I. Earlier in 2013 I a...
HI EVERYONE! I’d like to introduce myself to the BP community.I'm a young realtor and investor that lives in Vaughan, Ontario. I’ve been licensed and practicing full time for a few years now in the Greater Toronto Are...
On Saturday, Aug 1, a group of Seoul Real Estate Investing Members took an investing field trip to Sokcho, located about 2.5 hours outside of Seoul, to check out real estate investments. Sokcho is a year-round tourist...
So I was wondering how appreciation investors satisfy the debt coverage ratio? I keep seeing that banks require a 1.2-1.3 ratio. I know that a lot of appreciation plays barely break even on cashflow or are sometimes...
Hello BP I posted this question elsewhere but got no response so I'm posting it here.I had a family friend approach me wanting to sell a town home he had as an investment property for a few years. He has fallen on har...
I am checking turnkey properties. Seems like all of them are charging above retail prices if you compare them with local comps. This makes the exit strategy difficult for the investor. If you hold the turnkey property...