Perhaps someone can help clarify my thinking on a financial question.For this discussion let's assume we're talking about a $100,000 30 year fixed rate mortgage at 5% with a payment of $536.82 per month.Not that you w...
It is not often in life that you truly get the chance to see what you're made of - as an investor, a consumer, a citizen, a human being. For whatever reason, it generally takes monumental events - often catastrophes -...
So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
I hate it when I get an invite to a Webinar hoping to learn something new, and sometimes I get lucky, then I get hit by a ticket price in order to continue learning. I was just watching Kent Clothier on Finding Mot...
So this property popped up on the MLS the other day and my agent and I went to see it yesterday. I knew it was a sweet deal as soon as we walked through it so we put in a cash offer for full asking price (135K). So...
I have just passed my Michigan Real Estate exam and trying to figure out my next step. I have heard of Jay Morrisons Real Estate Academy and thought about trying that. As I have started listening to the podcasts. It s...
Hello BP Friends!I'm looking for a 10-30 unit apartment building in my market place by pulling the tax records of buildings with this many units, then looking them up and doing some research before finding the owner a...
Hey all,A couple of partners and I are getting ready to deploy some capital in medium-sized multifamily in Ohio. We are looking to get into B neighborhoods or upper end C neighborhoods. Our primary goal is consistent ...
Hello!
I am looking into buying my first rental property. One of the many questions I have is if it better to buy a rental property first than buying your primary residence or would it be better to get your own place...