James Bynum
Recently received an inheritance and working on a strategy.
I recently received about $300,000 in inheritance money and am looking to start buying rental properties. Homes are pretty cheap in my area (Spartanburg, SC), most decent homes are going for around $80,000. My questio...
Miranda Simon
What NOT to do in Real Estate Investing
If you could offer one word of caution. If you could help save the new real estate investor from making a huge mistake that could cost them thousands or even their business...Just one word of caution, based on your ow...
Alex Corvin
Minimal/no cashflow, but good potential for appreciation
Hello BP community. I'm considering buying a property to hold and rent out, and would like some more input on whether it's a good buy.The property is in the Raleigh, NC market, specifically in the downtown Cary area (...
Bryce Renicker
Negative Cash Flow on Low Money Down
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
Adrian Smude
The BRRRR method is dead
I believe the BRRR method is dead or at best on life support! The last decade has been easy for investors to use the BRRR method, but now we need to learn other methods. I've been learning these other methods for ov...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...
Michael Swan
Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
Natalie Cloutier
Coronavirus: email to send to your tenants
I got a lot of questions on my Instagram yesterday about the email we wrote to our tenants addressing this outbreak so I decided to include the letter we wrote here in case it helps anybody :) I think a lot of landlor...
Cassandra Boyett
Turnkey Rental Property a good idea for a first-timer?
We live and own in California where we can't afford to do much, so we'd like to invest in a rental property somewhere else and this will be our first purchase (aside from our home). Can anyone break down how Turn-key ...
Karen Higgins
BEWARE of fraud by erentpayment.com
We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...