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Results (10,000+)
Michael Bishay HELOC for Down Payment on a Section 8 Property a good Idea?
16 July 2024 | 21 replies
Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.
Saar Amit Tax Implications of Holding Period for Property Flip in Florida
17 July 2024 | 10 replies
I find it that many people have a different definition of 'flipping'.I find it that people either mean1.
Jeff Chisum 10% Down Second Home/STR Loan Not Dead/Debunking bad info
18 July 2024 | 23 replies
@Jon Martin people do get tripped up by this.
Benjamin Coleman Property Management Recomendations
16 July 2024 | 2 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
Francis Bediako Summer 2024 First Possible House Hack
19 July 2024 | 13 replies
People have already said what your options are.
Aaron Wilkins Best way to become landlord without an LLC
18 July 2024 | 7 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
Bethany Young Is the high cash investment worth it for potential returns? New investor here
19 July 2024 | 10 replies
If a crappy area, I would not try to STR it, since you will likely be getting people who want a CHEAP place to stay.  
Julien Lorincz Investing from overseas
19 July 2024 | 9 replies
These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.
Mayuresh Kshirsagar Starting out as out of state investor trying to find a good deal
18 July 2024 | 19 replies
More people on BP post about successes than the lessons they learned.
Adrian Jones FSBO vs Using an Agent
16 July 2024 | 15 replies
Some people choose to manage themselves.