I was driving through my parent's neighborhood in Richmond, VA and I noticed a 3 bedroom, 1 bath, 1920 sq ft property with a For Sale By Owner sign in the front yard. I stopped to take a look around and I noticed that...
Hello everyone. I wanted to introduce myself and ask a few questions. I'm Mike and I currently live in West Melbourne, FL (Brevard County)Prior to moving to Melbourne, FL (Where we own a single family home), my wife...
Hello Everyone can someone tell me if this scenario would work in the real world.I want to put 25% down on a 90,000 purchase ( 22,500) . The loan terms are 5% at on 20 year fixed term loan.I then want to do 20,000 wo...
Ive recently found a site to buy and sell tiny homes. It got me thinking what the logistics of running one as a str would be. I've searched this forum and an airbnb specific one as well and it seems it's very rare/not...
My mother and I purchased a rental property last year, we are 50/50 owners. We paid cash for property at 22k, put some work and money into it, and it's been valued by the auditor at around 45k before improvements (how...
I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...
I currently have just under $10k in 401k funds available. I've heard of self-directed IRA's being used for real estate, and I'd like to potentially look into utilizing one now or in the future, or some other type of v...
Hi BP,I have really been studying the Roanoke and Salem Virginia markets and it seems to have good values and the numbers work. Does anybody have any input on which neighborhoods to avoid? Which neighborhoods seem t...
Hello! I bought a two-family house in Somerville, MA a couple years ago that has appreciated a good amount. I currently owe $285,000 on the mortgage at a 3.35% interest rate for another 25 years, and believe it will...
Hello to all the experts on BP. Thanks for your willingness to help a fellow investor navigate a financing issue that has recently popped up for me. Apologies for the lengthy post, but the details are a bit involved....