Brian McFarland
Can't afford multi-fam home in NJ, buy single family or rent?
Hi BP Community, I have been aiming to buy a multi-family house in central/northern NJ to live in and rent out. I did my research, met with a RE Finance Rep and Realtor and was approved for around $250K. It has been v...
Joe K.
Help analyzing a deal
Hello All,
I'm having trouble with the math portion of investing. Can someone please help me in figuring out if the below property is worth investing in. In what ways can I quickly analyze a deal I see on pap...
Manraj Singh
Negative Cash Flow : Tax Offset
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
Alec Jacobs
What kind of flooring should I use for a rental
I am a newbie real estate investor and I am doing a lot of the rehab myself and I was wondering what type of flooring long term rental investors use?
Initially I wanted to use vinyl snap together flooring since it is...
Darren Harris
Found great deal on foreclosure, best way to find cash partner??
I live in Burlington, NJ and have recently discovered 2 great properties to fix and flip. I've done my due diligence on both properties (along-side my REA), and have used the BP fix and flip calculators. The first pro...
Champ Leong
Credit Cards are an investment???? lol
Credit cards are an "investment"? EMPHATICALLY, YES! This literally just occurred to me in the shower. I pay off all my balances each month. I earn up to 5% cash back on my credit cards. THIS IS A STREAM OF INCOME. I'...
Ally Kumar
Stay away from septic for rental houses in FL?
Newbie investor in FL. I have been told by a real estate agent that her investors stay away from houses that are on septic as renters don't take care of what is flushed down and it can be a major expense. Just wanted ...
Arthur Zaragoza
Turn $100k into $5k/month positive cash flow
Looking to turn $100k into $5k/month in positive cash flow in 1-2 yrs
Hi, I just sold my rental property and refinanced my primary residence. Now I have a bit over $100k to invest and would like to scale into a busi...
Sol Naim
Zestimate dropped dramatically after rental purchase
Hey BP team. Have a question for you guys. I just recently closed on a rental property in LA where the zestimate was 660K (it sold for 640K last year in June) I managed to get the purchase price of 516K which I'm exci...
Greg P.
How realistic is it to make $1mil cashflow per year by renting SFH's?
Hello, is this a realistic 3-5 year goal with SFH rentals? Please share your opinions and strategies. Thank you.