I'm working on purchasing my first investment property.
Do you think it's better to finance it for as long as possible to have a lower payment, OR finance for a shorter term to build up equity faster? TIA
I know this question has been asked over and over again but there are always new members with different viewpoints. To make this as brief as possible I have four SF rentals. Two are only around 65-70% LTV but the ot...
Hi everybody! I’m new to the community and to real estate investing. I’ve been collecting info here and there for a year but despite all the good info I’m still stuck and I’m not sure how to take the first step. Brief...
Hello BP! I manage my own investment properties here in Denver and want to take over management of a 4 unit building my parents recently purchased. My attorney told me I needed my brokers license in order to manage ...
Hey There BP!I'm a digital media producer by day and have a had a serious itch to get into real estate for some time now. After some serious thought and speaking with folks in the industry, I decided to branch into ho...
This story is pretty amazing. I didn't realize that Johnny Depp was in such bad shape financially. One of the highest paid actors in Hollywood that has supposedly earned over $650 Million in the last two decades is n...
I have recently found BP, and soon after went PRO. I see and hear from all that there is so much to offer on BP. But how do you focus, and utilize the different venues/tools/resources etc. without getting a BP overloa...
Hi All,I purchased my first property in 2017. It was a foreclosure in Knoxville, TN listed for 42. I offered them 45 and financed the deal through an FHA 203K. I remodeled the kitchen and bathroom and added some basic...
Hello BP! Just sharing a little wisdom that I wish I had early on. No matter how great you are alone, there is someone out there who compliments you as a BUSINESSMAN. I'm not saying this someone has to be your friend ...
Hi AllI live in NY, am thinking of purchasing a rental property in DC. 2 questions:1) Do I need to file a separate tax return to DC ? I will of course include this rental property in my 1040 and my NY return, but n...