Amit Chawla
Primary Single Family Home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $571,000
Cash invested: $120,000
Sale price: $850,000
3 bed, 2 bath SFH located on 8000 sq ft. lot
Wha...
Syd Frey
HML Process - funds first, or contract?
We have a property in sight, and are thinking of using a Hard Money Lender for the first time. In general, is it better to get pre-approved with a specific lender before making an offer on a property? I would assume...
Evan Garcia
Money leverage question when buying
im buying 3-4 unit multi family and commercial but having to pit 25-30% down makes it harder to buy more per year. The numbers are still cash flow positive with less down but banks want at least 25% down. My question ...
Blaise Doremus
Creating a Real Estate Website or App
I thought of something useful that Zillow.com does not have and am thinking about creating a website or app. What would be my first step? I am not a computer geek. I do not want to share my idea.
Steve Keisling
Bank account management
I’m in Wilmington, NC and am about to place a tenant in my first rental property. I was wondering what kind of bank accounts the pros use. For example, when the tenant gives you a security deposit, do you just park th...
Kate Jones
Book suggestions to read
Hi everyone.
Can anyone suggest business related books and real estate related books? I try to read two books at the same time. I plan to read "the business playbook" and "real estate by the numbers". I don't want to...
David Caradonna
A difficult project but successful addition.
Investment Info:
Single-family residence other investment.
Purchase price: $138,000
Cash invested: $80,000
I purchased a home to BRRRR. I used hard money, a network of wholesalers, and a local contra...
Tyson Thurman
Calculating Rental Income Per Unit for House Hacking
Hey fellow BP members! Brand new investor here just getting into the game.
When analyzing a house hack situation for rental income, such as a Duplex or Triplex, would I factor in the rent that I would be paying as re...
P. Martin
$700,000 condo for $3,000? There's a catch!
What do you think of this situation?Waterfront luxury condos. Foreclosed and struck off by the county. Minimum bids of around $3000. Sounds like a slam dunk right?Except the complex was not finished! 4 buildings out o...
Sharon Rolel
Getting equity out of a credit card
I have 3 credit cards, student cards which have annual rates of around 6%. Combined, the credit I can use is around 20k$ a month. They are international (though not American) cards. I use maybe 2k of that, and I never...