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Hi Everyone,I’ve been lurking for a few months now and this is my first post here after trying to get a lay of the land. Apolgies if it’s long, just a lot on my mind.About me:- Live in the East Bay Area- Wife and I ar...
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Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
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I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...
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I'm in the middle of purchasing my first flip and I'm getting a little nervous and would like to make sure I'm doing this right. I live in California and the house is in Texas. This is a major renovation (close to 1...
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Hello BP community! I am days away from closing on my second rental property and have a question about bringing the most equity to my new fixer upper while being budget friendly. I know kitchen & baths for sure,...
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This would be my absolute first flip and I've already identified a property that is selling for $50k, and the literal next door over was just bought for $65k and sold for $125k 3 months later. My Question is: I'm prea...
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Merry Christmas BP!!My wife and I just recently closed on our first STR in Destin Florida and are now in the process of getting all of our systems set up. One of the main systems we need feedback on the most is settin...
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Hello,I recently got pre approved and now looking at properties to house hack in the Chicago land area (suburbs). As I’m going through the MLS I’m coming up with my questions for the realtor. My questions for you all:...
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I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...