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Results (10,000+)
Brandon Bell Lots of equity and cash flow...what should I do?
12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
Wai Chan San Diego eviction process
12 August 2024 | 13 replies
It may work and if it does it will be cheaper than an eviction.  
Evans Debeza Looking for Honest Feedback on The FlipStress
12 August 2024 | 21 replies
I learned mine by driving around, looking up a bunch of properties online and looking at a bunch in person, listening to everything people said at the meetups and asking a ton of questions to local investors.If you have the money, her course is a bit of a shortcut to learn what you need to know, but it by no means is everything you need to flip in a local market.
Isaiah Blacksmith Wanting to get into Real Estate! Any Tips? Do's And Dont's
9 August 2024 | 4 replies
A prudent investor doesn't seek quick riches through shortcuts.
Andrew Postell How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
So if you file a lien....at the county courthouse....where the title company can validate it...now they can "see the work" and feel better about it. 
Brandon Turner Do YOU listen to the BP Podcast? Then PLEASE help us out!
11 August 2024 | 99 replies
I listen to BP on my way to work and will provide my rating on my iPad. 
Matthew Irish-Jones The Best of the Best Real Estate "Cliches"
10 August 2024 | 23 replies
Real Estate investing leads to more work and more stress short term, with long term wealth taking time and effort. 
David Haughton Syndication investing vs. Duplexes
10 August 2024 | 2 replies
Being at a similar spot in life, I work and manage a fund and most of my personal investments are now very passive. 
Account Closed Feeling Frustrated and Seeking Advice
10 August 2024 | 6 replies
It just comes down to putting in the work and not waiting around on others to get you to where you are trying to go.
Austin Powell Tips for First REI/House Hack Deal
12 August 2024 | 10 replies
I would come home after a long day of work and have to deal with things all of the time.