Kai Soremekun
Elderly Woman Being Foreclosed On
I found a property that is scheduled to go up for auction on Tuesday 11/22/22. Looks like it has been postponed once.
The house is paid off. It was last sold in the 80s for 172k.
BUT an equity loan was taken out on...
Josh Lawson
Pay Down Rentals or Pay off Home or ... ?
I've got some extra cash and wondering what the community thinks I should do with it? I have a couple of rental properties that I can put a sizable dent into. It wouldn't pay them off, but it would help with some cash...
Lorenzo Swinton
Best plan of action if I have two paid off properties
I have one paid off property and one that I owe 20000 on I want to pay the 20k off and then have two paid off property and then what would be my best strategy after that?
N/A N/A
Writing Down Your Goals
According to Tom Bay’s book, Look Within or Do Without, Harvard Business School did a study on how well its students were doing financially 10 years after they graduated. Here’s what he found:
•27% needed financial a...
Dessiree Jimenez
Will a bank approve HELOC to purchase investment property?!
Hello everyone. I'm very new at REI. In fact, I have not purchased my first investment property because I dont have the funds. I do have about $150k equity in my primary home. I applied for a HELOC through a major b...
Saul L.
Dilemma - Pursue or Write Off - evicted tenants debt
Thought I would throw this one out to the wisdom of the masses of the good people here on BP, and see if it can help me come to a decision.I won't bore you with all the details of a mismanaged property and non paying ...
Michael S.
New-ish in Miami, OK
I've been reading BP forum posts since February. I don't read very fast and I find it even harder to store information, so the repetition of information is extremely helpful to me. My wife owns a property here. Not...
Chris McHaney
EIDL Use of Funds and Real Need?
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
John Schmiesing
Tenants w/o SSNs...legitimate?
Hi all,
This is my first post, I am a long-time reader of the site; quite impressed!
I am relatively new to the REI landscape also; we just bought an additional property, and our first we have owned for almost a yea...
Chelsea Owusu
Property Investor in the Boston Area
I am a new rental property investor looking to make connections in the state of Massachusetts. Don’t hesitate to reach out!