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What are your thoughts on interest only loans for buy and holds? I see the plus as more cash flow, but the downside of no principle paydown. My thought was that increasing cash flow in the growth stage of a portfoli...
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My wife and I operate a house-hack duplex at Carolina Beach in NC and started doing really well. Currently on track to do 57k in gross rents in our extra 3/2 unit. Because of this, we started to scale, partnered wit...
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Short version:My father recently passed at his owns hands and owned a beach house fixer upper. This has since passed to his girlfriend and I want to buy it from his as he had renovated half with his owns hands. It is ...
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WSJ column-The Great California Exodus
http://online.wsj.com/article/SB10001424052702304444604577340531861056966.html?mod=WSJ_hp_mostpop_read
"Nearly four million more people have left the Golden State in the last t...
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Hello,
I am an investor in Ontario, and my business partner and I are looking to purchase a roughly $2.5M multifamily property in Texas through a syndicated mortgage. This will be our first investment property in the...
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How long do tenants legally have to stay in the home once the lease is finished? Also do you have to give written notice to tenants that you will not renew the lease?
Thanks
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Hello BP family, Now that the COVID-19 pandemic is loosening (sort of) it's hold on the global economy, I've seen more and more activity on the BP site - definitely a good sign! I'm still relatively new to real estat...
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This is my first post on this site. How Thrilling! Excited to be a part of this community.
I, like many others, have had to pivot during this difficult year. I went from making 6 figures to being unemployed in the la...
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Looking for advice on whether to keep this property as a rental, or flip?
PP = $77,100
DP = $5k
Rehab = $36,175
All in at $113,275
ARV = $140k
Flip 'Net' income should be around $20k.
PURE cash flow as rental...
Hello fine BP folks,I am pleased to say that after many months of education and a few offers not accepted, I finally have a property under contract. It looks like a colleague of mine will invest in the deal. If he i...