I bought a three flat for $415,000 almost a year ago to date. The rents were $850 each. I am on a FHA 30 year fixed at a 3.35%, with 5% down. PMI will never come off this loan due to the FHA loan I got at the time, an...
We just bought our first cash-flow investment property out of state. We live in CA. We are interested in setting up an LLC, but have heard conflicting information as to where it should be.
We have been advised to se...
I'm looking at several HomePath properties in more amenable markets than my own and many will require some degree of repair before their rent-ready.
My question to you guys is how would you best advise on ...
So, for the past 3 years or so I've been mentioning to a FEW established investors that I'd like to have at LEAST 100 SFD & 2-4 unit rentals before I consider buying an apartment complex, commercial, etc. The goa...
From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
Hi all - I'm trying to get started with my first BRRRR project and I'm running into the issue of existing tenants. When I hear most people talk about BRRRR, it seems like they're maybe talking about vacant properties...
Does anyone have any advice on investing in College Town areas? Specifically near University of Wisconsin, Milwaukee? Thanks so much!
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Hello everyone, This is part 2 of my research project for house hacking. Please let me know any questions you have surrounding house hacking. If you have the answer to any question you see, feel free to answer. Thank...
Hi all,
It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now.
If the market drop ...