Austin Carr
Bubble rising/Bubble Poop
Prices are steady rising and rising, when can we expect this bubble to top and prices drop? I need to team up with some locals in Denver really making real estate moves/investments. I'm tired of feeling stuck in the ...
Codey Wendel
House hacking with a high interest rate
Hello everyone. I just started the mortgage application process and have been pre-approved for a loan with a 6.75% interest rate. I was planning on purchasing a duplex this summer and going the FHA route, but now am n...
Jennifer Hung
Has anyone done recent business w/ Morris Invest or SDIRA Wealth?
Hi BP community! Has anyone done recent business (2020 or 2021) with Morris Invest or SDIRA Wealth? When I asked them about the fraud/lawsuits they said that was Clayton Morris' old partnership with a different compan...
Zachary Schimenz
WARNING: Don't Use Ohio Cash Flow unless you want to lose thousands of dollars
I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
Joshua Dorkin
How to Find the Right Property Manager
Lately, a bunch of people have been asking about what to look for when picking a property manager. Its a great question, and I’ll try to cover a few important points. I’m going to ask more questions then I’ll answer, ...
Alex Shin
Met the 1% rule in hot HOT LA
BP Family! Bring it in :-)I've been consistently analyzing deals in LA on a daily basis and had to keep writing "Damn" on the bottom of my pages of paper after analyzing that the property will not cash flow. Well, I ...
Chance B.
Signing an Exclusivity Agreement.
Hey All, I am looking to purchase my first property (which will be residential), but the agent I am working with sent me over an Exclusivity Agreement. I am concerned because in the agreement it states that is the sel...
Matt Speer
Would you fire your PM if their days on market avg was over 40?
Serious, yet simple questions: Question 1: If you found out your property management company had an average days on market of over 40 days would you immediately fire them and look elsewhere? Question 2: If you answere...
Sean Brennan
My Preliminary Business Plan
After some in depth study over the past few weeks, including hours of BP produced audio, interaction with the community, reading 123flip.com, and Marty Boardman's book, I think I finally have an understanding of the b...
Alec Sithong
Advice on buying rentals, flips or loaning out cash?
Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...