Account Closed
Wwon't investors pay more than $30,000 for $700 monthly rents?
Why?Didn't want to hijack the other thread but it seems like this is the question investors should be asking themselves. If you can consistently receive $700 rent on a $30,000 purchase then why doesn't the market bid...
Dan Richter
Is a 30 year loan really the best loan for a rental property?
It seems that the general consensus for a rental property loan would be a 30 year loan, and I used to agree. The idea is that you can use the cash flow to pay the loan if you want to, or use it for a higher returning ...
Mark K.
Disappointed in Scott Trench
Scott, @Scott Trench,I must say, you truly disappointed me with your negative article on stock investing. https://www.biggerpockets.com/renewsblog/2015/04/16/ridiculousness-of-stock-picking-waste-of-time-young-investo...
Kendrick Seen
Cash Flow vs. Appreciation
Hey all,Been really getting into the community and am super excited. Heard a lot of people talk about either wanting a multi family property to cash flow off the bat, or that it doesn't matter if you aren't cash flowi...
James Wheeler
Too many Gurus...
This post is more of a pondering than a question... I was thinking this morning, after getting my 30th email from one "guru" or another trying to sell me a system or information.Here are a few of the systems I have lo...
Hubert Washington
Has The Apartment Market Reached The Peak of It's Cycle?
My goal is to purchase my first apartment building before the end of 2016 and I have been studying, reading, and listening to everything I can get my hands on. Recently I have come across information from a few differ...
Aaron Bard
My Desired "Sweet Spot" is Dry
Hello!So, long story short, I have a desired location that I would like to purchase my first 4-plex.Absolutely nothing is popping up on the MLS. I understand that the market is rough right now and I need to be patient...
Louie Pullen
Whats percentage of your net worth is in RE ?
Thought it would be interesting to see what everyones % of their net worth is in Real Estate.Also, how does your RE allocation break down (sfr, multi, debt, syndications, etc).I find it interesting that most wealth ad...
Ivy Pierce
Question for experienced flippers
Hello,I am looking to do my first flip. I have been analyzing deals on the south side of Chicago and the south suburbs. I have a pre-approval for a hard money loan. Each of the homes I have tried to bid on had 20+ bid...
Austin Green
Cashing out 401k, Is it as bad as people say?
I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...