Austin B.
Need advice on "best option" for my situation
I am pretty new to real estate. Bought my first home in 2019, thankfully right before the mayhem that saw home values go to the moon. I am ready to move on from this home for various reasons. I expect to sell it for a...
Victoria Coleman
Investing in multifamily properties in areas with bad winters
Hi Everyone!I am originally from Erie, PA. For those of you who are not familiar with the area, the winters are pretty harsh. Extremely cold weather and LOTS of snow. I am considering what to do for my first investmen...
Cornelius Garland
How often should I get a new list for cold calling, direct mail, texting? With KPIs.
Good day!This has been on my mind to discuss as I get asked this question often. Why is this important? Simply put, you can overspend on your marketing campaigns if you're pulling a new list of 10,000 sellers weekly. ...
Javier Molina
First Investment question
So I have been wanting to invest in real estate for a while now, as it is part of my retirement plan. Been waiting for a good time and have finally decided to pull the trigger. Worked quite a few numbers, and found a ...
Levi Gale
Who does not use the 50% rule?
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Jason Maestas
Value Add 24 Unit Apartment complex, Help!
Hey everybody, I've been following a multifamily property in a city on the outskirts of Tampa, FL. I First saw it when it was priced at $950k. It has recently dropped to $660k. It is 24 Units (2 buildings) which are ...
Mark Updegraff
bought my first foreclosure yesterday, despite BP advice ;c}
Well, first off I just reached one of my 2010 goals - to purchase a foreclosure on the court house steps!
I've been going to all auctions with meat and watching the big boys bump knuckles. You know, the stuff in the...
Daphne Barber
50 too old for REI - Notes vs Rentals vs ?
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...
Sean Bramble
Have any of you lived through a full STR market cycle?
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
Dave Carella
Bubble, Bubble, toil and trouble
So the word is getting out.... Stage two bubble is here, but I'm curious about my neck of the woods. Have any of the Florida realtors notice a slow down in the past month?