Edwin De leon
Monthly Rental Income Profit I Should Expect From a 2-3 MF
I will be buying my 1st 2 MF with a VA NO MONEY DOWN LOAN as a 100% Disabled Veteran ... ( will have 6 months reserve in bank for mortgage pymts, and $15k for unexpected major repairs )
What should be reasonable go...
Reed Starkey
Joint Venture terms
A local flipper presented me with a house flipping JV opportunity. She already has hard money lined up, but needs me to fund the 20% up front and the rehab costs. She will be handling the contractors, so I will most...
Brendan M.
Ramsey and Kiyosaki Are Wrong: Why You Should Finance Depreciating Liabilities
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
Brandon Spurlock
Just completed my 1st BRRRR in VA
Hey BP! I just closed on the Refinance portion of my first ever deal, a BRRRR. I guess once I "Repeat" then I would have actually completed the BRRRR process. For reference, I've listened to the podcast for about a ye...
Jonathan Riordan
Origination fees 2.5%?
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Anh Le
Need help on a deal in Houston
Hello everybody,I'm thinking to follow through with a deal in Houston (zip code 77449). Since I don't know much about the area, I hope you guys can give me some information on this area. Do you think if this is a good...
Patrick Shea
Buying Retail Properties to turn into Rentals
I am living and investing in ATL, well starting to invest. I am have identified my target area and the types of houses I am looking for, fixer uppers and turnkey. In the area I am looking I am able to purchase all cas...
Dan Marl
Can I tent a house to kill termite and not fix the repairs?
Hello everyone.I just bought a house and plan to do minor repairs before I will rent it out. The problem is that there are termite damages around the house (the fascia, soffit).I don't have the money now to fix the wo...
Jacob Gelinas
Brick Multi-Family in Rhode Island Good or Bad?
Hi everyone,My girlfriend and I are first time home buyers in the Rhode Island area and we are looking to owner occupy a multi family as our first home. We recently found a three unit in the city of Woonsocket that lo...
Rick C.
Actual Cash Value Insurance
Hello BP. I am doing a review of the insurance coverage on my rentals in Tampa FL, and I wanted to get a better understanding of what would happen in the case of a full loss. Here is an example of one of the rentals I...