Jung Kim
If 20% down for an Investment Property, is REI really worth it?
Hi been studying RE as an investment option and trying to figure out the numbers. Could someone check with my numbers to see whether I'm thinking about REI correctly? I can't seem a large benefit of REI in a case wher...
Dave Smith
Duplex house in Massachusetts
Hi everyone- I am new here BP community.
Here is my situation. I currently own a duplex that is worth over $900,000. Mortgage is paid off. I'm living upstairs and renting downstairs for $1700. My cash flow from the ...
Mario Casarez
Awaiting HELOC approval, want to use Private Money Lender
If you look at my previous posts, you'll see that I'm new to all this and i'm ready (or not) to look at my first property. I plan on using my HELOC to fund the 15-20% down payment required when using a Hard Money Len...
Nathan Scott
C/D Class RE Investing
I have a house under contract that I knew was in a rougher area. However, after speaking with 2 home inspectors they both informed me that this area is “ground zero for gang activity.” The purchase price is $33,800. R...
Kristi Wolfe
Cash or hard money to buy a BRRRR property
I have heard (from a hard money lender, so he is motivated to encourage me to borrow hard money) that it's much easier to get the refinance at the end of a BRRRR deal if the property is finanaced for the purchase vs u...
Robert Smith
Washer & Dryer Included...Do They Make A Difference?
I'm trying to decide for my future rental if including a washer & dryer with the unit is worth doing, and if it attracts more tenants? Or, is it just another appliance you have to worry about breaking, so don't bo...
Kevin Fox
How can I find agents from other brokers willing to pass along buyer leads for a portion of the commission?
I am a relatively new Real Estate Agent in San Diego and I was looking for any tips/advice on how and where to go about finding listing agents that may be willing to provide buyer leads for a share of the commissio...
Joe Koppel
Should I always get an inspection when buying?
I am ready to buy my first rental in KC MO. I live in San Diego. I would be purchasing it from USREEB. They have rehabbed it and have a renter in it already. They gave me a big checklist of everything they replaced as...
Melinda Rupard
Tax depreciation for pool
Good afternoon,I've been told conflicting information on this question from other sources, so I wanted to ask for clarification here. One of my rental properties has an in-ground swimming pool. When I bought the prop...
Maximilian Glodde
Buying a foreclosure
Hi Everyone,first post on the forum and pretty new to BP.Background: My wife and I are in our late 20s, living in Boston, and are sitting on equity in our apartment. Both of us have well paying jobs, no kids, and an a...