Brandon Wong
Newbie from San Diego, CA
8 March 2017 | 7 replies
I'd like to do more to learn more but I have a full time job so I'm thinking about how to balance hire vs self.Looking forward to hopefully being active here!
Mark Moore
market data
5 October 2016 | 6 replies
I am new to BP and am starting my own real estate development business while I continue my full time architecture job (corporate, mostly retail; not residential).
William Huston
Investing in Family: Is it a bad idea?
12 October 2016 | 9 replies
I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.
Joel Owens
New Construction Multifamily - Does it work or not?
6 October 2016 | 2 replies
You then have remodeled to sell to middle class, but they all started moving to homes, and now you have to get working class, that cannot support your rent payments needed for you to make a profit because of all your improvements or refinance.
Tom Webber
Agents Unite: I'm SICK of Having to Defend My Job!
6 October 2016 | 4 replies
So stop assuming we are all rookies and don't know what we are doing and you can do our job better etc...
Account Closed
Strategies for Self-Managing STR's
6 October 2019 | 37 replies
We go to the houses together and I unlock the door and give them a tour.Cleaning: my wife quit her day job to clean houses whenever they are empty.Laundry: I do all the sheets, blankets, towels, and anything else in the washer/dryer of the house that was vacated.
Miles Stanley
First BRRRR deal - need advice
6 October 2016 | 9 replies
You will have a better chance of getting your "Cash Out" and greatly improve your Cash on Cash Return.Once you have the property rented you still have cash in the bank to start another purchase if you want (while seasoning the first for the Cash Out Refi).Hope this helps.
Julien Chamoun
New(ish) Investor from Northern NJ
10 October 2016 | 9 replies
I've learned that the "average" realtor is a part time vanity job.
Kyle Kovachik
New member from Portsmouth, VA
10 October 2016 | 19 replies
The previous owner started changing my sfh into a duplex so I'm weighing the pros and cons of finishing the job...