I have a rental property I purchased cash using my credit cards. I purchased it for 18k rehabbed it and now it appraised about 35k. The interest rates went up and I really don't want to sell for 35k I'll break even on...
Hey fellow BPers, I'm new to BP and to real estate. I had a discussion today with a mentor from the Doug Hopkins real estate program and they have a mentorship program where for one year I will have weekly calls with ...
Newbie here is trying to get started. Wasted the last a few years because my husband keeps saying the big crash is coming and refuses to even do some researches. I guess he's now tired of me nagging all the time. He a...
I'm in the midst of @Brandon Turner's 90 day challenge where I have committed to analyzing at least one property every day for 90 days. So far, I've really learned a lot about the many facets of deal analysis and in p...
After some analysis, I've decided to invest in Detroit suburbs (Warren/Sterling Heights) or possibly further out (Grand Rapids/Ann Arbor). I will be buying and holding from out of state, but I do want to visit now and...
At the risk of sounding like a complete rock, here is my question...
What is the formula for figuring out if rental property is worth it? I realize this will vary for different areas, mine is TN if that helps. I've...
I just finished watching the webinar, "How to Buy Your First Duplex, Triplex, and Fourplex!" in which Brandon comments that collecting the rent in cash was "stupid." Can anyone enlighten me on why collecting the rent ...
Greetings all,
I'm up against a not uncommon scenario; can't get a loan from my credit union because of my low income. I'm hoping investors more experienced than myself may be able to steer me in a more productive di...
I'm interested in utilizing the BRRRR strategy in these markets. What are the downsides, and are they enough that they should dissuade me from trying? "PS, one last example. There is a profound difference between K...