What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?Hopefully this is a fairly straightforward question about a heavy and complex topic! It's well ...
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Anyone have any hands on experience as guests/clients or your own vacation rental investments?I'm anxious to hear from folks who've had personal hands on experience with both. We will be expanding our vacation propert...
What’s up BP,I’m 24 (25 next month) just closed on my second buy and hold multiunit rental last month.Around this time next year I’ll almost certainly be in a position to pay either property off while stillmaintaining...
I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Hey BP!So I live in OKC and I am in a conundrum. I want to househack, but I am having three issues. 1) Very few fourplexes are on sale in OKC. I can generally find only 1 to 3 in a 50 mile radius.2) Of those 1 to 3 fo...
Hello BP Community! I'm writing this post to begin chronicling the learning experiences we've had so far in the purchase, renovation, refinance, and renting out of a multi-family property in the city of St. Louis. I'm...
I am quitting my job in 18 months.
To cover a comfortable lifestyle I need an additional 30k in yearly rental income. I have a good amount of money saved up to buy homes with cash and then refi them but very littl...