Hi All,Just out of curiosity. Would it be advised to borrow from 401K to buy a second investment property? I'm in the process of buying my first rental, but would love a little more cushion to purchase a second. I'm 3...
So I have been renting for the last 12 years paying $650 a month for a 1250 sq ft house. I like the area that I am in but it is not a growth area at all. Plus all of that money is just going to help somebody else's ne...
Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...
Hey BP,I need some help. I just closed on my first property at the beginning of this month. It's a duplex that I bought in a partnership with my parents. My parents put up the capital but have said they want no part i...
Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children. I'm not sure if this is a thing that people do, but I figured that I would ask. Would we just...
I never thought I'd be looking to do a vacation rental, but I think I've found a good deal. The house is in an area I often travel to get out of the big city and reset so it's a win-win for my sanity. It's a super sma...
Hi everyone, first real post here. I'll get around to a proper intro in the appropriate forum and adding some profile info sooner or later.I have a 2-family rental in Boston that has appreciated considerably since we ...
Hello to everyone!On October 31st I closed on my first Duplex. It is in Fitchburg, WI. This is my detailed recollection of the buying process. For anyone who reads the whole thing I truly hope it helps you and please ...
I was renting a house for 1 year and ended up moving out after my lease was up. Before my lease started the management company offered me a $0 security deposit due to my credit score but I had to go through 3rd party ...
The property I am attempting to buy is in a very nice wealthy neighborhood in central Illinois, however, It doesn’t have a single renter occupying the property at the moment. I’m wondering if I should forgo buying thi...