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Does it ever make sense to invest in an expensive property that has negative cash flow, yet the ROI is very good? If I don't need the cash now, but just plan on selling the house in about 20 years. I get that everyone...
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It is more important than ever to underwrite deals conservatively and stick to your numbers in today's market. The federal government printed so much stimulus money that society is paying the price of inflation. With ...
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Hey BP community-I've been educating myself the past few months and a deal presented itself that I'm making moves towards. A local investor is liquidating 13-14 rental properties and it seems like there is a good oppo...
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Just getting started, and I had a question for people who have done multiple deals. How long did it take you to close on your first deal from the time you started actively looking for deals? Wholesalers, Flippers, Buy...
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Hey BP Community! I'm brand new here, but have been obsessing over the podcasts. I'm looking to do my first "serious" deal and I'm thinking the flip route is right for me. I did a couple long term live-in "flips", but...
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I have a tenant that asked if he could pay his rent partially per week and it would be paid off by the end of the 4th week. This has continued for 3 months now and it is a fight every single Friday when he is suppose...
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Would you be wary about buying a property with a tenant in place (either MTM or on a year lease)? Any thoughts/input would be appreciated.
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A peer told me their rental story nightmare. They had a tenant move in and he paid on time every month for the first few months. Then he missed a payment and when confronted he said "If you evict me, I'm going to tras...
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I went to my first local REI club meeting last night. There was a speaker representing a company that extinguishes your bank note due to mortgage fraud. It works like this: you are an upside-down homeowner or owner...
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Hello BP,
I am a newbie real estate investor trying to buy the first multi family house with house hacking in Indy area. In such competitive market these days, to be able to get my offer accepted as an FHA (possibly ...