Benjamin Furney
How realistic is it to get into STR now?
Hey BP folks! Been doing more research on the STR and have discovered about 20 STR markets. However, basically all these markets have very high median home prices or they are oversaturated. Im wondering at this point,...
Ruben Morgan
TCS Foreclosures - need help...
Hello everyone,
I'm a new member here and have been doing a lot of reading and trying to use the search function as much as possible before asking questions. But now I have one for everybody and I would greatly appr...
Kevin Lunt
Who is your self-directed IRA custodian of choice & why?
I'm curious to hear people's choices and reasons for using and/or reasons for not using any of the numerous self-directed IRA custodians out there.
Karla Talancon
High Cash Flow Markets
Hey guys I am new to real estate investing. I am a recent graduate went to school for urban and regional planning. I've been doing some research and have decided to invest in Chicago, Indianapolis, Kansas City, Atlant...
Jay Hinrichs
First substantial loss
I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Antonio Bodley
Do retail home buyers care about....?
Do retail home buyers care as much about home value as investors do? Investors buy to make a profit, so I can see why home values are very important to them. Retail home buyers are buying to live in the homes not to m...
Darwin Crawford
So you Wanna be a Landlord?
Hi there BP!the following is something I feel needs to be written to kind of get a lot of things on the table. First off, a couple of disclosures: 1) I am NOT a millionaire in real estate. I'm just a hard-working d...
Matthew Thompson
I don't see how this is sustainable
Hello, I just finished "The Book on Rental Property Investing". I enjoyed reading the book, I found it very inspiring and informative and I appreciate how the book shows you real world examples on how you can build yo...
Garrett Diegel
HELP! Should I rent to a tenant with a prior eviction?
I have a unit in a tri-plex that is available to rent. I had a tenant call to see the property. Everything seemed good, they looked good and showed up on time to the showing. The only problem is when I sent them over ...