Jim Goebel
Does pre paying on Mortgage increase our rates?
I just came across this video on WSJ.
What stopped me was seeing that a PRE PAYMENT on a mortgage actually reduces the value of a note/mortgage to the investor on the secondary market.
If this is the case, wouldn't ...
Joey Sostheim
Non conforming triplex in Panama City Florida.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Panama City.
Purchase price: $410,000
Cash invested: $10,000
This is a very unique property with a 3/2 a 1/1 garage carria...
William White
Excel sheet I have been working on to analyze my first REI
Thank you in advance for any help with this. I am currently looking at some multifamily investments in my hometown. This would be my first REI and I am trying to do this right the first time. I am not necessarily aski...
Carrol Rhead
When It Rains It Pours!
Hi BP Denver Landlord friends, ever notice that when it rains it pours? We recently had the furnace replaced in one of our newer rentals, only to find that the hot water heater was equally shoddy and needed replaceme...
Justin Hroch
Is there a lack of transparency in a real estate transaction?
I am a realtor and there are times that I feel there can be a lack of transparency and alignment in a real estate transaction between the two parties. I feel this around multiple offer situations and seller disclosure...
Greg Powell
Should I sell in this current market?
I live in the Charlotte NC downtown area and am staring down a $240k return. However I own the home for cheap and won’t be able to buy anywhere near the current area I live in. Does it make sense to keep based on emot...
Javier G.
Multifamily Asking Prices in FL
Good morning BP! I was practicing math on multifamilies on the MLS and I found ALL asking prices in MiamiMiami are ridiculously inflated! Since I suffer from acute analysis paralysis, I was wondering if it's me or t...
Kamal H.
Wanted: ATL Home Inspector / Estimator / Contractor
Hi all!I'm traveling to Atlanta this week to help my family figure out our next steps to take about a family home. The home is in a good area (I believe it is in the Grant Park area) however is not in good condition -...
Jackson Long
buyer needs vs agent fees (heh rhyme!)
Hey guys- I've had two agents in two markets. What they did for me was very different. What they charged, in both cases, whatever the standard commission was.In WA it was what I assume is the standard. He would sug...
Patrick J Kelly
FIrst rental in 2010
Investment Info:
Single-family residence buy & hold investment in Lexington.
Purchase price: $94,000
Cash invested: $18,800
Bought this property from HUD. Modest amount of renovations and rented ...