Paul O'Connor
Cash Out Refinance Nightmare, Help Me Make Sense of It
Ok, so a little bit of backstory. I have 5 rental SFHs that I'm trying to get refinanced to do a way after the fact BRRRR. (Sorry, I discovered Brandon Turner and BiggerPockets well after I had purchased most of these...
Tim W.
How does small positive cashflow turn into real money?
So I have been reading and reading about REI and wanting to get into it. Read ABC of Real Estate Investing and now on Cashflow Quadrant, to be followed by BP's UGB. From all the podcasts and all the reading I have don...
Kim Pham
Raw Land for a first deal
Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
Russell Strom
Residential Backflipping
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
Ashley Wolfe
50/50 partners...What?
I just emailed a remodeling company asking if they act as GCs on house rehab projects. They come highly recommended and are a Five Star Rated (by Home Services Review) company. My email said, "I'm a RE investor in t...
Alexander Merritt
Quantity vs Quality Rentals
Hello BP!When first starting out using a Buy and Hold strategy and with limited capital, do you think it's better to purchase a bunch of lower priced properties in lower quality / depressed areas or spend a little bit...
Anne Williams
Corona Virus Cases are getting worst! should I buy now or wait?
Hello BP,
SO as I am searching for property, I am wondering how this will affect prices, and the overall state of real estate.
Should I move forward and purchase or hold off for potentially better deals?
Mark Ferguson
Should I sell my Colorado rentals and invest somewhere else?
I have 15 rentals in Colorado that I have bought over the last five years. Most of the houses I purchased from $80k to $130k, made repairs and rented for $1,200 to $1,600 a month. I looked at my last couple of purchas...
Alfred Bell
What do you want Mr. Notebuyer?
I'm going to sell a condo down in Palm Desert California that I fully remodeled. I want to sell it with owner financing to facilitate a fast sale (lot of inventory in the desert and market time is VERY slow). Asking p...