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Results (1603)
Allende Hernandez Do I have a deal?
6 April 2016 | 10 replies

Hello guys,I need your help to make sure I wont mess it up too bad in what could be my first deal.  A realtor/investor friend of mine brought this property to my attention located in Miami, FL. It is just listed in th...

Kyle Ward WHY can't I buy a house?
12 February 2019 | 31 replies

I live in Portland, OR. I have been trying to purchase a fixer but have yet to succeed. Now, I know the price of anything is what someone will pay for it, so a large part of the result is in my valuation. But when I r...

Michael Ramos HELOC for ADU exit strategy
29 April 2021 | 13 replies

I am in the beginning stages of my first investment property. I am currently going through the planning of a garage conversion ADU. I live in the primary residence which is a 2 bedroom 1 bath 1000sqft. I have a HELOC ...

Allan Kuaana Newbie from Hawaii looking to start BRRRRing OOS
5 March 2020 | 27 replies

Aloha from Honolulu, Hawaii!
I am an “older” newbie (51 years young) who only recently discovered the wealth building potential of REI. My journey began a short 7 months ago after I spoke to a financial adviser. Lo...

Maureen F. Buying from Wholesaler or Making Cash Offer on MLS - Boston
3 March 2016 | 14 replies

Hi, I'm trying to buy a three-family (or maybe a two-family) in the crazy-hot market of Dorchester or nearby, and need advice!  How would I go about buying from a wholesaler?  Do they only accept cash offers?  How muc...

Andrew Taylor This Seems Like a Winner: What Say You, BP?
12 April 2016 | 23 replies

I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...

Salvatore D'Agostino Timing of when/if to sell STR producing well
27 October 2023 | 30 replies

First time posting. Would gladly welcome feedback. Bought a 6/6.5, 3,600 sq ft home second row ocean facing Feb 2022. It is cash flowing very well. First yr 160k gross (end of May-December) and this year already over ...

Charles A. Armistead Investing in Beachfront Property
3 October 2023 | 13 replies

I own a single-family rental in North Carolina. I am new to investing in property but would like to invest in beachfront property. The purpose of the property would be to place on Air Bnb and like websites for short t...

Doug Price Wholesaler Letter to Seller
19 November 2022 | 30 replies

I want to get some feedback to a letter I am sending to solicit potential sellers. This is a second draft based on feedback I received from my local REI group. I am sending the following letter in a hand addressed env...

Eli Kallison Funds vs. Buy and Hold
28 September 2016 | 9 replies

Hey BP,After doing significant research and thinking through my goals (PASSIVE cash flow= primary, capital growth= secondary), I'm starting to think investing in funds & syndicated deals makes more sense than buyi...