Bought the house in 2012. Remaining balance is 250k on a 3.25% FHA loan, eligible for pmi cancellation in 2 years . Mortgage is $1670/mo including pmi. In two years, mortgage may lower to around $1300 after pmi cancel...
Hello All,My name is Grant and I am a recently graduated college student (23 years old) who has just moved to Chicago only a few days ago. Shortly after graduation, I read Rich Dad Poor Dad. Ever since, I have been ve...
Hi, my name is Andrew. I am 23 years-old from Atlanta, GA. I just recently got into real estate investing after realizing that I don't want to spend the rest of my life working a 9-6 job. I have no real estate backgr...
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
CA just passed a Statewide Rent Control ordinance as part of their renter protection plan, Minneapolis is working on similar regulations. How will this affect how you invest in California? I’m curious as Minneapolis p...
Hey folks,
I'm still getting used the rental property calculator here on BP. What do you think of my assumed variables on this duplex in Warren, Michigan? Any thoughts/critiques would be appreciated. Thanks! I'm eage...
I left my corporate job almost 2 years ago to move closer to home (family), and saw this as an opportunity to learn the contracting trade working with my cousin who operates a construction business. Fast forward a bit...
Short StoryI decided to allow 3 cats in a unit. The tenants signed a pet agreement that states the pets must be house broken and I am finding cat pee on the floor when I do inspections. I sent them one warning and the...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Sanford.
Purchase price: $136,000
Cash invested: $4,500
Duplex. Used a VA loan so I didn’t have to put anything down other...
Hey everyone. I’m completely new to BP and to real estate investment but since reading Rich Dad Poor Dad, which was loaned to me by a coworker who was just starting out in real estate investing and seeing some success...