Troy Zsofka
The 2% Rule: Why new investors should be EXTREMELY wary of it
“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
Salman A. Rai
Recommendations for a Duplex under $200k
Hello BP community. This is my first post on this platform and I can't be more excited having been recently introduced to this website. I recently immigrated to the US and currently living and working in San Diego, CA...
Zack Scharlepp
Not qualified for conventional financing.
I have been interested in real estate investment for 9 plus years, but have never been in a position financially to make it work. This year I decided I was going to make the jump into real estate investing and met wit...
Adam Pierce
What do I do besides save for a down payment?
Hi BP!I am currently in the process of saving money to get my first deal started.The big obstacle that I am facing is that I live and work in Orange County, CA where the average home is over $400k. From my calculation...
Jesse Arriaga
New to Real Estate Investing?
So you want to Invest in Real Estate, but you find yourself a bit skeptical of people / companies offering to teach you for the cost of a King's ransom. I've had this idea for a long time, but have been too busy to do...
Jay S.
Multi-Family Purchase checklist
Hi,
I just went under contract on a 22 unit apartment building in CA. While I own numerous duplexes and SFRs, this will be my first true apartment building. In addition to inspecting roofs, HVAC, electrical, ...
Jerry Kisasonak
Questions about mailing Free and Clear properties...
Is anyone mailing free and clear properties and if so, what are your results with it? I've mailed absentee owners with some success and would like to start mailing free and clears too.
What is your list criteria and...
Harold Burgess
100% owner financing
Can anyone tell me a time where they had 100% seller Finance, What was some of the steps you took to make the deal happen..How did you advertise or come across the seller
Trevor Fritz
Using an FHA Loan in Multifamilies in Chicago
Hi everyone,I have been searching for a 3-4 unit multifamily for a few months now, but because I have been searching using FHA guidelines from a lender I was referred to, I have not been able to find anything.I feel t...
Sean McCluskey
RE Taxes in Indy are bad for business!
Hey BP,I'm finishing up my first BRRRR deal in Indianapolis, and I have a great team in place. BUT, I'm thinking about moving to a different market.Indianapolis has a special real estate tax equal to 2% of appraised v...