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I am considering purchasing a property using 6 year financing at 5.99% interest. In this scenario I would be all in on a property at about $1000 a month. The property would rent for $750, so I would be out of pocket $...
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I see the term Expense Ratio tossed around a lot on the forums. This was not a number I have been using in my analyses so I wanted to gain some clarity on exactly what is included in this number. For instance, I bel...
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Hey there fellow BPers, The property management company I currently work for in St. Louis, MO, manages approximately 1,600 units and continuously has about 60 units on the market throughout the year. Most of these uni...
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How does a Short Sale work?
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Hello fellow investors and PRO's I am looking to add another rental to my portfolio. I need advise on if I should buy another rental with a new home investment loan or is it better to get a HELOC. Thanks so much.
My name is Jaden I am an 18 year old with no money is it possible for me to start fix and flipping houses with no money out of pocket I do not have any family members that can invest with me either is it possible and...
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We have successfully made a deal on an REO home, but have some questions on a 1031 exchange for it. The idea is to take the home (purchased for $50k), put $15-20k into it and sell it for up to $100k. 1) The purchase...
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I'm considering looking into internet for my whole 8-plex. Yay or nay?
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Hello,
I am in Massachusetts and I am in the process of closing a duplex with tenants in each unit. I would like to know what is the best way to structure the finances for the properties. These properties are going t...
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Exclusive: 64% of Americans would welcome a recession if it meant lower mortgage rates (msn.com)My thoughs:- They do not have a good understanding of what occurs in a recession.- Less than 1.5 years ago rates were nea...