All Forum Posts by: Linda D.

@Randi Plevy Hi Randi - what happened? I’m in the Greater NYC area and would love to know!

@Todd Rasmussen Thank you for the response! Good information to know. I have no wish to wade into the Bro Investor controversy though, ha-ha. 

I am also a newbie working on starting to flip houses after a buy and hold a few years ago. I try to read existing threads on topics of interest before posting. I have also bought a bunch of BP books and am reading them too. This is indeed a magical community so I am going to do my best to ask informed questions.

I’m crossing my fingers that overbidding for investment properties as you described is not a problem where I am.

@Todd Rasmussen I need a reality check: these are real life numbers? I can’t hear tone online.

@Aaron McGinnis came here with the same question. Thank you for the direction/url.

@Jane S. I’d like to know the same thing. Did you go ahead and subscribe?

Thanks for the update. Glad you made some money, learned a lot, and are happy to keep investing. 

Thanks Bill. I lived in Riverdale Bx for 15 years. Moved to the Lower Hudson Valley 3 years ago. Where are you in the Bx?

Thank you. So put in $90K and got $600K+ in equity and cash depending what you can get as loan to value. Then own the amount you borrowed as a mortgage that becomes one of the rental expense lines? (If that abbreviated sentence makes sense). Then reinvest some of the cash back? Have I got that muddled?

Thanks George. Could you say how much money you out into the deal -I think you said $100K? Was that everything you put in?

@Bill O'Donnell Thank you. I live in NY but needed a reality check. Looking to buy rental properties down the line but thinking not in NY.