I own a condo in Silicon Valley worth about $300-325k. I owe $130k on the mortgage. I currently rent it out for $1650/mo and profit $250/mo. I now live in Austin, TX, and need to purchase a primary residence for my wi...
I'm new to BP and real estate investing. I am 25 years old and currently have 1 rental and 1 primary. In the rental I have about 50k equity and have considered selling the rental to unlock equity to reinvest or comple...
I finally have an issue......So tenant X in my duplex notifies me today that he needs to move out of state to follow his company that is relocating; his lease is through April 2017. X has paid rent consistently since ...
Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?
I'm really ticked....I've had to deal with back to back evictions on this property. The first tenants wife died....(not in the home). But, anyway she committed suicide and put the remaining tenant (her husband), int...
This is a long and painful story so I am going to do my best to summarize the situation. The city is being mean to me. What should I do?Here is the list of ideas I came up with:1. City wants to demolish the building ...
Hello all! Newbie here still studying and hoping to get started in REI when I move to SoCal in Jan 2018. I'm mainly looking into house hacking when I get there to get some cashflow before I start getting into rentals...
Hi there,I am interested in pursuing auction properties in Chicago, but I understand the competition is steep. Has anyone successfully purchased a property at auction and have any tips/advice? I am trying to underst...
I never actually thought I would be the person sitting on the other side of a keyboard typing into a internet forum. I've always taken a reserved stance against the idea of spilling your guts over the internet about b...
Hey guys I am new and wanted to hear feed back on your BS’ometer about response from seller who is stalling on an offer.Saturday we put a full price offer on a duplex property(unoccupied), and right before a 48hr mark...