Chester Transo
Cashflow Doesn't Build Wealth Round 2; How do things look going forward?
After reading the "Cashflow Doesn't Build Wealth" by Shane Pearlman I can see that there are a lot of really passionate opinions on both sides of the fence. There were some really good arguments presented by both sid...
Daniel P Willis
How does the Cap Rate Work
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
Jackson Risse
Can't pull the trigger because of interest rates??
I keep on hearing from investors that "I'm waiting for interest rates to go down" or I hear "I need rates to go down for the numbers to make sense". Maybe these investors are saying this because they just got into inv...
Amanda Fishman
Florida RE Attorneys: Wholesaling Legalities
I've scoured this site for months upon months and haven't come to a solid conclusion...so, I'm sure I am asking something similar to every other newb- and I apologize not only for the repetition but the length.***My q...
Ana Marie B.
Home Equity Loan vs. HELOC for downpayment on next rental prop?
Hi BP! My husband and I live in the SF Bay Area where home prices have risen substantially in past years. We want to leverage some of our home equity and use that equity as down payment for our 2nd rental prop. We'...
Tony Velez
Late rents ugh. Please help!
We closed on a triplex in March. The old landlord informed us the first floor tenant is always late but always pays. I don't like the fact that he's late all the time. It's now March 9... He texted me and said he shou...
Dustin Lyle
What Do you consider a good Cap rate?
I read in a thread concerning California where multi unit residentials are selling around 4-5%.. which lead me to a good question.. As investors from across the country, what do you consider to be a good cap rate? Bei...
Shawn Moser
Should I pay for a one-on-one mentor?
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 ...
Joshua D.
Could we really be worth a million dollars?
Could we really be worth close to a million dollars? So me and my wife started a real estate company up 3 years and 5 months ago. We have 11 sfh’s and a duplex. Finishing up remodels on 3 sfh’s now. So on to are situa...