Jeffrey Gordon
Strategy for a parcel in the middle of potential Development Site
We bought a 3,000 SF lot w/ teardown home in April for $400k ($130/SF) We bought it with 25% down 2 year interest only loan through a local S&L we have a good relationship with.We bought the site because a new sta...
Andrew Schlessinger
Salt Lake Area Investing
Hello BP Friends!I'm a small investor in Baltimore, Md (4 rentals and counting!) and have a friend who is looking to invest in the Salt Lake City area, so I wanted to get a pulse for the rental market. He's not sure ...
Jason Malabute
Cerebral Palsy Couldn't Stop Me From Being A General Partner On 342 Units
On December 30, 1988, the doctors had to perform an emergency C-section on my mother as she was giving birth to me. My umbilical cord had wrapped around my neck, cutting off the oxygen to my brain for one minute. When...
Michael Baum
Get ready to pay more for you mortgage
So here is something that is coming on May 1st. I just heard about it.Essentially if you have a good credit score (680 or above) you will pay more in mortgage fees to help those with poor credit buy a house.https://ww...
Tyler Allan
Impact of Homie on UT real estate market (Utah County)
Hi BP community,Newbie here - still have yet to buy my first REI deal - but I am currently in the process of selling our current home (3br 1.5 ba townhouse in Provo) via Homie.com. It seems like a pretty slick way to ...
Cameron Riley
Cozy? Life Saver Apps and software for landlords?
- What is your go-to software or application? - Has cozy worked out for you? Advice? Tips?
Torry McFall
Converting LTR to MTR: Exceeding 5 miles from Hospitals
I have several SFH rentals in the nicer area of Albuquerque. I have been considering converting them to MTR. Generally, I'm reading that MTR should be within five miles of a hospital or two, as traveling nurses repres...
Rav Ram
Partnering to purchase properties using conventional Fannie Mae Loans
Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
Ronald Mejia
What to do with mortgage free property?
Our family home is currently rented out and mortgage free. There are no plans on going back to occupy the home. The goal is the grow into real estate portfolio. It earns positive cash flow but does a SFH carry more ri...
Kenley Law
Buying my first property without contingencies in Milpitas
My wife and I just moved to San Jose and we are trying to buy our first primary residence in Milpitas, to start a family. We earn a bit more than $225K combined and we only have about $120K in cash. Therefore, we are ...