Looking for some advice with a single family rental my wife and I own. I've had a tenant in one of our rentals for almost 3 years now. His lease is coming up on September 1st and we really want to sell the property. A...
Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...
Im on my 3rd property now and just getting more comfortable with all of this and now wanting to scale faster with BRRRR using hard money loans. I've been pretty strict with my numbers which is good in one sense, but I...
Hi all I am new to the site and looking for some advice. I was wanting to purchase my second rental property (currently own a townhouse in CLT) but the charlotte market is very hot and overpriced for my budget (wantin...
Hey Gang
Does anyone have an opinion about Josh Cantwells Middle Man Income system?
It appears to be a strategy where the investor approaches an upside down home owner,gets an option on the property and flips the opti...
Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit...
Hello All,I thought this would be a good time to write a follow up post regarding the current state of rising lumber costs and the supply vs. demand issues the industry is experiencing. Below are a couple graphs that ...
Hello BP!We are still quite new to RE Investing. We are getting started with Wholesaling and working with FSBO homes.My question is "How do we get accurate comparables if no realtor is involved?"I don't see any incent...
This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10
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4 - 1BR property up for sale. Very old bldng and dated. Seen this property on and off market since 2015. Tenants are long term been there 4yrs and up (and get along), and one is less than a yr. If I do 15yr mortgage, ...