Hey guys!So for the past 5 years my fiancé and I have always been interested in real estate on the HGTV level (Canadian here). Recently I’ve started doing some reading into the subject. I’ve started with the BRRRR boo...
Hi, just wondering when I look at a listing on Zillow it will sometimes say in the description 12% cap rate (or some other percentage). What do they mean by cap rate? How is “cap rate” determined? And what is a g...
Looking to do some fix/flips when the time is right, and looking to get ducks in a row now for when I find a deal and when I feel it's stable enough to do so.
I have friend with large amount of cash, and has offered...
Hi all, I needed up paying my 2013, 30y fixed 500k mortgage At 3.5% early and now have 160k left on it. Should I refinance the 160k considering the current rates? Or once I add up the closing cost etc- I will have no ...
Since being laid off on April 1st, I've spent the last 7 weeks reading, listening, reading, learning, reading, watching, etc.
The world of real estate investment has always equally excited and scared me. That feel...
Hello All,
I am so happy that I found BP. I am currently 28 years of age, but I have had the REI bug since I was 22. I have been so scared to start anything because I honestly had no Idea how to start. I began trying...
So I’ve been thinking to myself if I should get an LLC or not? For my rental property investments in the future. Wanted to know if anyone has ever done that? And the pros and cons If any. Thank you so much.
BP Community, can you provide advice???I contributed the max ($6,000) to my SD Roth IRA in May, knowing my (combined with my wife’s) AGI for 2020 would be under the $196K threshold. I then lent out this $6,000 along w...
Hi everyone. First time home buyer in the greater Denver area looking for real estate investors to network with. Currently in the process to get my real estate license to gain more knowledge about the industry. Also r...
Hi BP!First post for me here.I am at a cross roads right now.I am 25 and have always chased money. This has lead me to an industry that pays well but in turn have come to hate. I also work at a bar on the side, and I ...