Jeff B.
The great CapRate Fallacy
CapRate is a derived number, not one on a PnL, Balance Sheet or COE Settlement Statement. It is a measure of the effectiveness your purchase.We all know the metrics NOI, PurchasePrice and CapRate and the math is trivi...
John McKee
How are interest rates affecting your investing?
For me I just closed on a property with a 5.25% loan. That rate 30 days ago was 4.5%. I almost backed out of the deal but decided to suck it up as it still had reasonable cash flow. I will say that financing NNN le...
Michael Ketchen
Flipping near wetlands
We are in the process of bidding on a property that our attorney has reviewed and realized is within a 100 ft of wetlands and as result we will need to run nearly every decision through the committee for conservation ...
Ryan Cole
My first REI decision
Hi All!Wow, what a cool community. I've been looking through BP/listening to Podcasts for several months now, and am finally starting my REI journey. I've come to my first decision I need to make, and I'd like to make...
Caleb Clay
Tenants that don't check the minimum credit score box.
I have some younger tenants that are applying to rent a 2/1 from me. They said they have unpaid medical bills and that wrecked their credit. I was thinking of keeping 2x monthly rent for a security deposit to offset t...
Dennis Adams
Should I rent to an unmarried couple where only one works?
The couple claims to be married and the wife says she's been a SAHM for 10 years but a quick internet search shows them having seperate addresses 2 years ago. I'm concerned that if the kids are hers, they're really n...
Emon Thompson
To Sell or to cash out refi
I am a homeowner looking to invest in real estate over the next 2-to 3 years. My home has appreciated about 160k from the high market but my problem is I have about 98K in Vehicle and consumer CC debt. If I sell the h...
Brian Gibbons
Using a CYA Sellers' Acknowledgement
I use this Seller's Acknowledgement to CYA (Cover my Assets).Anyone can sue anyone anytime.A disclosure is really important in case there is a lawsuit.I use this disclosure on all deals:```````````````````````````````...
Joseph Gisler
Best book to get my significant other started
What book inspired your other significant other to follow in your path to financial freedom? I have convinced my long term girlfriend to do a book swap with me and need to capitalize on this opportunity! She understan...
Matthew Grebeta
What would you do in this situation?
My home is financed at 185k I have about 48k in other debt that we Really want to get off our backs (our debt payments are great than our mortgage payment!) and our house would sell for 300k. Should I sell and after a...