Hello, I live in northern Michigan where rentals are in high demand (not many apartment complexes). I currently own one rental that is cash flowing about $200/month and am in the process of closing on another. Our loa...
Any tips for investing in a high crime area? In this situation the crime becomes virtually non-existent after a 3 block radius and it's just that this duplex happens to be right in the middle of those 6 blocks. It's i...
i've had a really difficult time grasping why condos are a bad option for buy-and-hold investments. that's the feeling i've been getting from the forums - and even the Rental Calculator; it doesn't have an option for ...
Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...
Looking to free up my VA loan , is it a good idea to convert to a conventional / FHA and use my va loan for an investment property ?
Hello bp members, i have been considering going for my real-estate license in Massachusetts. Does anyone have any tips or advice? How difficult was it to switch and get started selling homes? Is it possible to be an a...
I'm thinking about making an offer on an SFR near me that looks to be under priced but I'm worried about the grading in the backyard leading to erosion and future foundation issues. The front yard grades away from the...
I’m in the process of purchasing a property via a wholesaler and we’ve scheduled the closing at a title company I’m familiar with. I was just made aware that the woman selling the house has “dementia” (I don’t know ho...
I have a question.While searching for houses to invest in, i found quite a bit. They all totaled to $1million. But I only have $500k.Is it a good idea to instead of getting a mortgage for $1million, should i buy all i...
I am a first time landlord and would highly appreciate your suggestions.My condo's monthly asking rent is $2,100, which is located in a convenient and popular rental area (average rental rate is $1,000). However, I tr...