Most investors buy rental properties for cash flow, and the fear of losing money keeps many rookies on the sidelines. How can you be certain that you’re going to make a profit before you buy? Today, Ashley and Tony wi...
Todd retired early at age forty-four, just three years after discovering the FIRE movement. The most interesting part? He quit without reaching his FIRE number. That’s right. After realizing he couldn’t go one more da...
Anthony Wick
Partner Wants to be Exclusive, I Want An Open Relationship
Ok, so I’ve recently begun looking at taking on some partners so that I will be able to do more deals. Mainly buy and hold, but the option of flips could arise in the future.
I now have two people that are willing t...
Justin Tahilramani
Offered 2.8% 30 year fixed Refi - Thoughts?
Opinion on re-finance terms:
Im currently at 3.625% with about 26 years left on a 30 year fixed.
I was offered 2.8% 30 year fixed on a VA IRRRL refinance. Loan would
re-set to 30 years, but principle and intere...
Shawn Connors
Why I Failed!!!
Hey BP,Disclaimer: I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal. This was my first potential deal that did not turn out so well. I got a house under contrac...
Josh Dane
Is investing in condos always a bad idea?
Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...
Eddie Atkinson
Low response rate from direct mail campaign (Atlanta metro area)
Hello! Last month I sent out about 500 postcards to absentee homeowners in various zip codes around Cobb and Cherokee counties in Georgia (Kennesaw, Marietta, Woodstock, Canton, Acworth, etc.). I received 4 responses ...
Parrish J Anderson
New to flipping: Tring to find a lender and a contractor
Been making calls this week trying to get some contractors to view and provide bids on a property I'm interested in flipping. If I get calls back, it seems everyone is a week or two out. Most of the contractors I call...
Harry Metzinger
Cash Offer
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
Rich Pritzker
Should I sell or rent out my current home?
Folks, Newbie here - so please be a bit soft on me...:-)I own a home (#1) in the Nor-Cal South Bay-Area - which I bought a few years ago, for a little under $800k. Current mtg is $1300. Property tax is ~$900/mo. Add H...