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Hi BP,Just looking for some encouragement or guidance with my investing situation. I'm def over budget on my 2nd property. Here is where my business currently stands:Property #1 (ARV $55k): Owned outright at $32k in...
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Hello,
How can Listsource/Yellowletters tell how much equity an owner has in their property? I did not think this sort of information was public knowledge. How accurate is their equity information?
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I am a beginner investor (0 properties) and I listen to a lot of podcasts. One thing I'm struggling with is whether or not to get a loan to buy property (that's called leverage, right?) or pay cash out right.One side ...
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Hi BP. I want to ask of everyone’s opinion on something that seems pretty risky. I’m a college student (no income) and owner financing is one of the few ways that I can purchase rentals. How does everyone feel about a...
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From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...
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How much should the condition of a property’s landscaping play into your decision to LTR or STR? Property is in a good neighborhood and had $30k of remodel done after purchase. New roof, scraped popcorn ceiling, paint...
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I'm new to BP and trying to find and buy my first investment property to buy and hold. I'm in Charlotte, NC. I've read a lot about the simple and very important advice that "you make your money when you buy." You hav...
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Without disclosing personal details as to why, basically I am letting a friend's son stay at rental house I have, for free for a bit. I am not charging him rent. He is the only one living there. He is reimbursing me e...
I'm just curious as to some average costs of property managers (around the Augusta GA area). I have been looking online and it seems most places charge you 10 percent/month, including a month's rent whenever they find...
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I am a young professional currently renting in a very expensive part of Southern California. I am hesitant to buy a home in my area because they are very overpriced ($700k for a small 3BR townhouse) and I have been s...