Jennifer W.
Is breaking even enough?
I own a condo and cannot determine if I should sell or keep it for future rental income. I currently lose about $25 a month after mortgage, insurance, property taxes and homeowner fees.
Facts:
Purchase price in 200...
James Geraci
Buying Vacant Lots instead of Vacant Homes
I have an opportunity to buy vacant lots for 2 - 3k. Two are on a street i have a property and empty lot already on the street. The house and lots are in a low income part of a city. It is in an area where there ...
Jenna Y.
First deal - deeds, corp structure timing, transfer of ownership
Hello - I just acquired an abandoned property (absentee owner), the current plan is to flip it. The longer-term plan is for my fiance and I to buy-and-hold with flips to build working capital. We have no corporate str...
Britt Griscom
Closing Without Title Company
I am buying a condo without a title company. I know most people will say to use one, but I've done the title search and am confident that the seller is the only owner and that the only encumbrance is a mortgage. I als...
Sean Woods
Next steps? Pay down mortgage for more equity or save separately?
Hello,I am very new to investing for my future. I previously thought that buying my house would propel me in the right direction but now I am realizing I would have much rather purchased a multi-family property with m...
Varinder Kumar
Some questions about landlord rights
Hello,So I wanted to know what exactly I can ask for the tenants to pay for as for as maintenance is concerned. I would like to have them pay for gardening, pool maintenance, and plumbing. Is there any issues I may fa...
Dustin Wise
FHA title seasoning?
I'm currently putting together my business plan for fix and flips in Southern California. We've found some projects that could be turned around quickly since they are condos that only need minor work.
The rehab woul...
Felix Canaan
Newbie from Newark, NJ
Hello BP Community! My name is Felix and I'm an upcoming investor that is interested in the real estate market! I was born and raised in NYC but have recently moved to Newark NJ a year ago. I'm working full time a...
J. Pablo Fernández
The loan part of BRRRR... when you are not a resident
Hello,BRRRR makes a lot of sense to me, except that there's one part I cannot figure out: getting the mortgage. How are you getting the mortgage? in your name or the LLC that owns the properties?If you are getting it ...
Dan Falla
Ontario Canada - Seeking like minded rent to own and multi family
My occupation is as a scientist in the plastics industry with 21 patents issued under my name; however, my business is real estate investing. After reading Rich Dad Poor Dad, I realized I was stuck in a downward spira...