So I have 190 K to purchase a rental property. I need to find a place in the US that can give me at least $2000 in rent so that I can pay for the loan. Any suggestions?
Hello all, just bought a rental property, total 200 k, paid 25% down, so now loan of 154,000 at 6.8% over 15 years. Total interest over 15 yrs is 93k. I am in a position where I can pay it off and save all the interes...
Good evening everyone, I recently moved down to Wichita as some of you all may know. I'm looking to buy or build a home for my family and I here in the near future (leaning towards building). After my family and I mo...
I have the most basic question (I understand the "basics" of Georgia tax sales):So, a property owner needs to pay the sale price plus 20% interest on a tax sale I purchase at auction in order to redeem it. Is that "sa...
Hi all! My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previo...
After seeing the interest in the DFW BP meetup and noticing many new investors clamoring for a place to meet, I figured it might be worthwhile to post a collective list of the DFW REIAs that I'm familiar with and a li...
I was at a meetup the other day, and we were discussing the question, "How much should I keep in reserves for each rental property?". So I figured I would post it to hear everyones feedback
My quick and simple answer...
I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence. At the time of purchase, I knew I might not want to stay indefinitely and at some point to...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
What do you guys think? I am talking about straight ROI. This also includes ROI on our time, of course. It seems like SFH and MFH housing depends a whole lot on quality of construction and aesthetic appeal, as houses ...