Matthew Tyer
What is the better strategy???
I have a coworker that owns 10 sfh in the Baytown, Texas area. He has been building his portfolio for a while now (8 years). He pays cash for his homes and then saves up to buy the next. He does not believe in accumul...
Peter Tate
Closed on your first deal? ....What's next?
Hi everyone,I recently just closed on my first multi-family property in the Chicagoland area. I financed the loan with an FHA 203k loan. I am looking to buy my next property within 8 months and I am trying to understa...
Dillon Dale
Lease Option Amid COVID
Picked up a lease option deal amid COVID. Our rent is $1450 with 5k down on a 3 year term with the option to buy at $215k. Anticipated rent is $1800 with an anticipated cash on cash return of 28%. Will update during l...
Ashish Khera
Cash vs Mortgage question
Hi All,
I have just started out on my RE journey and have 2 properties. One turnkey and one other SFR. Both of these properties are financed with a conventional loan at 25% down. I have a question about financing.
...
Robin First
Turning a Majestic Church into Condo/co-working condo's
The City Of North Adams is selling a majestic 50 foot high ceiling church and gorgeous old school building. They are putting out a RFP,due October 13th. I've put one out before, so even though these projects are way...
Dave Meyers
Tiny House: foundation or wheels
I'll be purchasing a Tiny House for short-term rental income. Due to zoning laws 'wheels' would classify it as an RV whereas a placing it on a foundation could classify the structure as a Single Family Dwelling. Is pl...
Greg Steinbrecher
New BP member in Greater Chicagoland area
I'm a Chicago area native and new Real Estate Investor. I'm interested in Flipping, Wholesaling and just plain getting my hands dirty in Real Estate. I hope to make new connections and learn from the BP community.
Michael Zuber
If I had to Start Over - What would I do.
Having reached Financial Independence via Buy and Hold Rental Properties I am often asked by new Investors “What would you do now if you had to start over?”The following is my 6 Step Plan if I had to start over, it mi...
Anthony Jasmine
Appraisal comes in higher than comps?
Looking at a keyturn property. The rehab looks great, but the appraisal comes in 30%-40% higher than the comps in the same neighborhood. Would this be a bad investment? Looking for a long term hold for cash flow.
Karl Dela Cruz
First Rental Siding Decision. Paint or Buy Siding
Hello Everyone,I recently purchased my first rental property and the outside requires new paint. It is wood siding and the paint is peeling and some boards are cracked. The whole house exterior is approximately 1400 S...