Chris Scully
Buying vs. renting for a 2-3 year job
25 December 2017 | 6 replies
I am just out of college and very interested in having the financial independence of landlording some day.
David K.
Turn Key out of state - what is your strategy
30 May 2019 | 52 replies
If you're going to work with a turn key company, in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all properties
Drew Kimminau
Kansas City Rental Market
30 November 2017 | 1 reply
I have also been looking into Independence and Raytown.
Alan Faitel
Acquisitions person contract
24 January 2018 | 2 replies
Our acquisition managers are independent contractors and we pay them hourly plus a commission.
Angel Morales
Hello from sunny San Diego
5 December 2017 | 15 replies
Our real estate goal is to do at least one deal next year (so far the BRRR strategy sounds promising) and to have one rental property each, with the goal of building a portfolio of multifamily properties in the next 5 years (yes, we want to be financially independent soon!)
Ben Allison
Getting started in the greater Chicago-land area
18 December 2017 | 11 replies
My goal is to be completely financially independent by 30 and be able to travel and pursue my passions whenever I so choose.
Brady Lamprecht
New Investor From Northern Colorado
17 December 2017 | 15 replies
Just wanted to introduce myself as well as ask a few generalized questions, so here we go.As a network engineer by trade, I'm fed-up with the day-to-day 9-to-5 churn all while not truly enjoying the life in the process.I stumbled upon BP a few months ago while following comments in some FI (Financial Independence) blog posts such as Mr.
Huy Thai
Hard Money: a comprehensive DO's and DON'Ts needed
17 December 2017 | 15 replies
Most lenders will (really must) do an independent evaluation anyway and should be happy to share their opinion and often their spreadsheet.Do take heed if an experienced lender shows you why you have a lousy deal.
Joshua B.
Ann Arbor Michigan Buy-and-Hold Success
15 December 2017 | 5 replies
Plus, going the buy-and-hold route provides the type of passive income that I'd like to generate in order to be financially independent by the time I'm 40 (7 years to make it there).This deal came via a reminder from @Sarah Lorenz about an expired listing in the area.
Stacey Marsh
Need Your Advice: First Home, Questionable Roof Inspection
19 December 2017 | 16 replies
Since I didn't hire him independently, I don't feel comfortable with the assessment.