Michael D'Egidio
How can Realtors help investors to see the bigger picture?
Greetings BP Brethren!
I'm newer to the real estate business, I've been a Realtor now for the last 7 months. I've closed 4 deals, have 2 current listings and a whirlpool vortex of buyers... and half of them.....
Eric Fitzgerald
How Do You Manage Your Money?
Hey everyone,I am graduating college in a week or so, and want to be prepared to budget effectively as I start getting real income for the first time. I'm curious as to how you manage your money, any apps you use for ...
Morgan Madill
Crash? Crash?! CRASH!
With the employment hitting record highs the stock market going through the roof, the fed pumping billions. There seems to be an impending crash or serious market correction on the horizon. What goes up must come down...
Nathan Yarnell
Agent said not to worry about cash flow and consider tax benef
So I recently was sent 2 possible duplexes to purchase from an agent I trust. I ran the numbers using the basis Brandon lined out, and the properties comes out to a negative monthly cash flow by about $175 per propert...
Andrey Y.
Growth Equity Group - How 170+ investors were scammed
In 2014-2015, more than 170 investors purchased 2 and 3 bedroom condo units from Growth Equity Group. This company specializes in investment properties in a self-directed IRA. More than 85% of their sales are bought i...
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Jessica Wood
What is the real benefit of cash?
Forgive me if this seems naive, but what is the real benefit of having cash when investing in real estate vs. being able to obtain financing? Specifically 500k-1m of cash. Would it be best to use that to buy a forecl...
Curtis H.
A Potential Deal but...Property Manager
Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
John S Lewis
Are you a slum lord?
So, since I've started as a pro member here on BP, a lot of the properties in my price range are all in run down neighborhoods with high crime. Does anyone have experience with these types of rentals? Is it just a ...
David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...