If we moved out of state, I did the math of keeping our house as a rental vs selling. It wasn't pretty.How can you leave only 20-25% equity in a property unless the Rent is even higher
or the mortgage rate is insane...
I purchased a property last summer in Mobile Alabama for $38,000. The deal was financed using hard money at 12% and the total loan was $65,000. After closing cost I received approximately $24,000 for repairs from the ...
About two years ago, I sold a business that I created to a large corporation. With those funds - I purchased (in full with cash), numerous investment properties.I focus on nice-sized condos or townhouses in high deman...
Hello,How would you invest 500k in real estate to make at least 5k a month without high risk and any hassle? How would you make it to 8k or 10k a month after a couple of years?Thank you
If I sell an investment property and put the equity into a 1031 exchange can I use that to pay cash for a house and brrrr?
I have a condo currently cashflowing about $250 a month ($2250 rent - $2000 PITI + HOA). I have about $100k equity in it. It is currently on a 15 year schedule and I have 12 years until paying it off. The interest rat...
I have searched for a while before posing this question, but couldn't find exactly what I was looking for.I recently put my latest flipping project under contract and have been going back and forth on whether to keep ...
Hi BP fam! So after searching for homes in Katy and Richmond and made an offer on an older 1983 SFH which ended up having a lot of issues during the inspection (plumbing, electrical, foundation, etc), I decided to go ...
My friend, The Mad Fientist (guest on BiggerPockets Money Episode 18) is a huge fan of legal tax avoidance.His accountant asked for a tshirt from him, and in exchange, he got an article about "the most exciting new t...
Good Evening Texas Investors,I am curious as to the strategies some of you may use to generate a positive cash flow with your single family rental properties in Texas. It may just be specific to El Paso, but every tim...