WARNING! New guy question. Proceed with caution ;)All kidding aside, I've been reading about rental properties for a while. However, a lot of articles mention that the person (or couple) saves enough for a new rental ...
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How would you value this Note Scenario?
This is for a 100 unit apartment complex.
The Original Note Amount was : $2MM
The Approximate Note Balance is: $1.8MM
The Asking Price is: $1MM
Origination Date: 1/1/20...
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Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...
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I'm putting together my first commercial deal on an industrial property for my business. I had a tenant lined up to sign a LOI on the excess warehouse space, and now he's backing out. The monthly payment is a big nut,...
I've heard conflicting information on this one. I've heard (I think on BP Podcast) you have only possess 10 mortgages. But my tax preparer tells me that you can own as many as you want...similarly, few people on here...
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Paying off a house completely is a trap. You should avoid it if you want to amplify your wealth.Here’s what to do instead:Successful investors own nothing outright. They sit back and wait as their properties go up in ...
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Quick question. Living here in Seattle, and looking at other markets, and while looking in Cleveland, I noticed that property taxes are sometimes twice as much as principle and interest on a 30 fixed. Can someone give...
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I understand the over-arching principles behind the BRRRR strategy, but I have some questions that i was hoping some experts could answer below.I've purchased my first property in cash. I expect to be all-in at right ...
Hello, So I am new to BP and could really use some help with making a decision on the best way to grown my portfolio. I have about 190k to use an live in the tampa bay area (General Area I would like to invest) I woul...
Hello Guys! For those of you who are seasoned investors in Manhattan, do you guys love it or would you rather invest elsewhere? With recession supposedly looming, will a downturn be good time to invest in Manhattan fo...