Jeremy Baxter
Utah Investors - Are you buying properties on 15 yr mortgages?
Hi all!
While listening to last weeks episode on "7 paths to financial independence," I really liked the concept of buying one property each year for the next 15 years and putting them on a 15 yr mortgage and takin...
Tony Nguyen
How Did You Win in 2008 With Apartments?
Hi all,I'd like to ask the veterans how their apartments performed during the crash 10 years ago. My portfolio grew the most in just the past couple of years so I didn't experience what it was like being a Landlord du...
Erik Nordgaard
How can a rookie handle a pending economic crisis?
Biggerpockets, What should a rookie do to prepare for and profit from the coming economic crisis? Should we continue trying to acquire properties or look to put our money elsewhere? Maybe a rookie should stick to...
Ellen Brodsky
Lead time for saving someone from foreclosure?
Hello everyone,I'm new to this and learning as fast as I can, so please excuse my ignorance! I heard that it's sometimes possible to contact people whose homes are on the foreclosure list and make a deal with them to ...
Jacqueline Coombs
Buy a cheap fixer w cash or use the cash for a DP?
Hi, all. I have an opportunity to buy a 1920s 2/1 SF rental house in the 20k range. The roof is shot with evidence of plaster damage on ceilings, needs all flooring redone, all new paint and new bathroom fixtures. It ...
Bret Burkett
How do I structure this partnership?
Hey BP! I have been trolling this site for a little while now, learning and saving money. I now have an opportunity to start doing some deals with a partner. We are looking to do a few flips at least in the beginning ...
Jennifer Newby
Advice requested for mobile home
Hi there,Looking for advice on a 19.5k, 2 bd/ 1 bath mobile home in a park with a lot fee of $550 which includes w/s/g. It's a small park, good location, and we personally know the park owner. Rent could be from 110...
Andrew Chu
Help and advice needed
Hi all,
My name is Andrew Chu and I in Los Angeles area. I know I probably won't get much response from this post, but any help and/or advice is much appreciated and needed. I have always wanted to get in the real e...
Jason Kim
How to purchase multiple properties
I know every investors use different strategies to purchase properties and do many different ways to make profit. I understand that being creative in this work could be one of the key to make the best the exit strate...
Account Closed
Fair analysis or too conservative??? Newbie here
I'm a newbie here and would greatly appreciate some feedback.3 Unit PropertyList Price 69,90020% down (13980)Loan 55,920 at 7% for 30yrs = 372/moINCOME2125/mo (25,500/yrly)EXPENSESTaxes 3087yr (258/mo)Ins 1200/yr (100...