Greetings everyone,I'm new to BP and would like to introduce myself and pose a hypothetical situation in hopes of gaining some valuable insight and maybe help others along the way. Personally I have dabbled in real es...
My wife and I want to get into real estate and wondering how we should go about it. Our current residents we still owe about $104,000, we have about $280,000 in equity. The value of the house is around $384,000. My in...
I live in Utah and I can’t find anything that cash flows within 500 miles, so I am ready to buy out of state. I can find $150 per door in Utah, but I’m sure I can find better producing markets and I am confident I ca...
In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual...
This is something that I haven't seen yet as far as an investment strategy. I've thought about taking the cash flows from the rental and putting it towards the principle on the loan in order to expedite acquisition of...
Hi BP Folks!My search skills must be weak and I apologize in advance for not being able to locate the answer to my question. I am trying to find out what capital improvements go in which bucket for cost segregation d...
Good morning friends! Wondering if there is anyone in the Central Valley area of CA that is familiar with building duplexes or triplex. There is an old house for 159k in downtown Bakersfield (which would need to be sc...
Hi all,Am considering putting in an offer on a multi-family in Manchester, NH. I have pre-approval for a 30 year standard fixed loan. The income/expenses are as follows:Asking Price - $245,900Gross Income - $2,790 p/m...
Okay, I need some advice from you veterans out there. Here's my lifestyle and financial breakdown: I'm 22 and have just survived my first year teaching high schoolers all about the Krebs Cycle and mitosis. Within t...
New to this. I own 2 houses outright in Florida. I live in one and rent out the other. I have a property manager who takes 10% a month. I was working full time till last week then unfortunately lost my job. Question,...