Cameron O'Connor
Don't pay your down principal early- Keep PMI and Flood Insurance
I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
Jordan Thompson
First deal (Duplex) rehab and build - with pics!!
Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
Dwight Cook
Doubling rents without loosing tenants?
Hey everyone!I'm currently in the process of purchasing my first property. This is a fully occupied 4 unit property in good condition. Each unit is a 2 bed 1 bath around 1,000 SQFT each. The current tenants are paying...
Account Closed
Property owner class action airBNB lawsuit. All owners can join?
It appears here there is a class action lawsuit in the works against airBNB by property owners for apparently leasing/subleasing of their property without consent. How large can the class get? Nationwide?http://www.pr...
Gregory Schwartz
$10,000 SBA Loan / Grant
Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
Rob Pene
Why do realtors consider Wholesaling illegal or unethical?
I was talking to a realtor who has cash buyer clients and he was telling me how wholesaling isn't an officially recognized real estate practice in the "real estate" industry.
It could be considered an illegal...
Nic S.
I'm getting my butt kicked
I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
Dan Gheesling
Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...
Jerryll Noorden
My first Wholesale deal! Payday!!
Hello everyone.I wanted to be part of a success story and finally I can be!I received my first check and I am very excited.I have started marketing in March. I got a ton of replies. But always something didn't work o...
Bill B.
Can an introvert be successful in REI?
One of the things that I repeatedly see in the forums is the critical need to network. I understand the whys and I even understand the how to methods of networking that have been discussed.
But, I am not a forward...