I have some cash on hand which is not enough to buy a nice city condo in the US, but may be enough to buy a nice one or two bedroom condo internationally - somewhere like Spain (barcelona or southern beach area), down...
Hello Everyone! I am planning on participating in an auction to purchase a house through a Tax Deed.The comparable for houses sold in the area shows the house could be sold for 220K after the title is clean and repair...
Let’s talk Return Metrics...There are four main return metrics in real estate deals: equity multiple,
average annual return (AAR), internal rate of return (IRR), and average
cash flow. In this post, I’ll start w...
Hi everyone, My partner and I currently rent and pay ~$1,400 a month. We are in the position to be able to make our first purchase, aiming for the mortgage to be roughly the same as our current rental total. Does it m...
Hello BP Community!
I am very excited for my first post after having consumed BP forums, articles, podcasts, etc. night and day for many months. Of course I have a question, but first would like to say how impressed ...
Hi Everyone and Happy New Year!I apologize if this post comes up twice. I don’t think it worked the first time I tried. I am new to buying and holding. I live in SoCal where mls homes do not cash flow positive. I have...
How do you tenant proof your rentals? I was listening to BP show 48 and they gave a few ideas. I listed a few of them they discussed plus some from this post. What else do you do?
Screen tenants thoroughlyUse 5/8 dry...
My next purchase will probably be made with a Homestyle Renovation Loan.
I agreed to pay the seller the appraised value seeing as prices have dropped a lot in my area.
However, the way this loan works -- the renov...
Hello!I just bought my second home, a complete fixer upper that I plan to use the BRRR strategy on. I recently discovered that most cash-out refinance programs require that you maintain 20% equity in the home, which m...
What approach are you taking with impending interest hikes?
-Buy now for a higher price but lower interest rates
-Wait for prices to go down if interest rates go up (decreased demand) and deal with higher monthly...