Jimmy O'Connor
Struggles with the Stigma Against Wholesalers
6 November 2018 | 72 replies
Originally posted by @Jimmy O'Connor:@Dennis Dahlberg hahahaha not offended at all, I'm a big boy and can handle a lack of sugarcoat. my licensed team is known for being conservative with ARV's and generous with Rehabs since we go more for quantity rather than trying to inflate our fee lie and scum our way to doing one wholesale that year to pay the salary but we have run into issues from buying properties from other wholesalers so I'm not surprised that you feel that way.You're actually the reason I made this post and the audience I am trying to break through to since wholesaling can be done honestly and efficiently where I can retain repeat investors like @James Masotti and @Brian Pulaski.
Christian Nachtrieb
Solo 401k Benefits / Disadvantages
6 November 2018 | 11 replies
If you believe that things are as they always will be, (first you should look at the past and see if that is a reasonable assessment of what the future brings) then taking into account: limitations on what you can invest in, your Solo 401(k) "projected" growth, fees & hidden fees, you can't co-mingle funds, you have to carefully manage the process, future tax increases, tax law changes, a national debt that is north of $22 Trillion dollars, unfunded liabilities and and of course inflation, along with possible "bail ins" then you are well equipped to decide if that is a good choice for your style of investing.However, If you are an "opportunistic investor" . . . . you jump at the opportunity when it arises, then you run into some conflicts.
Corey Woodman
$600 cash flow, $10,000 upfront, $10 Down: My First Lease Option
8 November 2018 | 1 reply
Turns out she had it listed with a realtor for 6 months, realtor inflated the price to get there commission (which happens a lot) , she just ended the contract and was about to rent it anyway so when I said why dont you rent it to someone that will take care of the day to day repairs then buy it?
Joe Splitrock
Amazon Confirms Long Island City and Crystal City
11 January 2019 | 52 replies
Which can save at least $500 a month, if not much more, that can go to paying the inflated rents here :-)
Greg Callan
Is the price unreasonable or am I unreasonable?
15 November 2018 | 36 replies
There is also an assumption that the cashflow should grow over time as the rent inflation and expense inflation diverge, but housing values are high right now so I don't know that is a good bet to hedge right now.
Ryan OConnor
New to BP. STR investor based in Seattle and SF
14 November 2018 | 7 replies
@Ryan OConnor sad SF and Seattle areas are inflated.
Johnathan Fremgen
Would you guys buy this deal?
14 November 2018 | 3 replies
One expects better than inflation appreciation and reasonable cash flow.
Franklin Spees
The Evolution of Property Management
13 November 2018 | 2 replies
What they quickly discover is that virtually a single capital expenditure, a few inflated vendor invoices or a slow turn, could literally obliterate that month, quarter or year of being in the black.Likewise, PM's have to be concerned with much more than "Tenants, Toilets and Trash".
Matthew McNeil
Are you willing to invest in RE appreciation with 2 caveats?
17 November 2018 | 55 replies
A market that appreciates 5% annually barely beats inflation over time. 2.
Kevin Buck
Should I rent out or sell condo in Northern NJ?
15 November 2018 | 5 replies
I believe he bought at an inflated price back around mid-late 2000's.