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As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...
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Hi BP,I JUST BOUGHT A 10 UNIT APARTMENT BUILDING!! NOW WHAT DO I DO TO TRANSITION?? I am closing on my biggest property yet (10 units) on October 15th. I am uncertain as to the exact steps to follow when you transit...
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Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...
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I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
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Hello BP Community! A close friend told me to check out the BP podcast. I listened to over 10 episodes on a drive from my home in Columbus, Ohio to Connecticut and back. I've had a desire to get into flipping for...
Hello All!My wife and I purchased our first duplex ~4 years ago, and overall it's been a pretty good experience for us. We bought a place that was in great condition for the most part so we have rarely had to deal wit...
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I receive lots of messages and am reached out by quite a few of out of state investors. I'm sure it is no surprise or secret that Texas is a very hot and desirable real estate market. I always do my best to provide va...
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BP,What would you do......Next year I will be transitioning to civilian life, which will likely take me back to Texas. I will have around 100k to be used on a personal property and/or first deal.My goal is to focus on...
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The good news, I had no issues buying my first 3 unit in Worcester, MA. The bad news, its been limping along with bad tenants and horrible property managers. I've run the numbers inside out and upside down and don't k...