Russ Marlborough
$13,000 down the drain? Locked into a deal that didn’t appraise..
I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
Caroline Hedin
40 E-mails, 5 RSVP's, 0 Actually Show
We FINALLY listed both of our houses for rent and received an insane amount of interest. I have responded to more than 40 e-mails. Due to the interest, we decided to hold an open house for each of the properties. T...
Kameron Patterson
Should I trade in my car to improve DTI if I am a Realtor?
Looking to trade in my $30k car to improve my debt to income. However, I will definitely take a loss on it as I just purchased it 2 months ago. I recently became set on being a real estate investor and have had buyers...
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 ...
Rich Cee
WHAT IS A DEAL TO YOU?
What is a deal to you and why? I'm sure not every one is strictly focused on the 70% ARV-repairs, 50% (multifamily), or 2% for B&H. The BP boys also mention that these are only guidelines, but what do you all focu...
Andrew Merritt
Accumulating Rental Properties
I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
Account Closed
How on EARTH to get good ROI with expensive properties?
Would be EXTREMELY appreciative of advice.
I am currently looking to buy a SFH as my personal residence (to be made a future rental property once I move out). This is a 3BR/2BA house selling for for 550k. Even if I w...
Francisco Hernandez
Puerto Rico: Gold Mine or Fools Gold?
Hello All,What are your thoughts on the mass exodus of citizens out of Puerto Rico? Are you hopeful that the economy will pick up and investing in this market will be fruitful in the long run or are you staying clear...
Brandon Low
$500,000 Passive Income Per Year With Rental Properties?
Hello,This is my first post, and am still very much in the learning/education phase of my REI journey. (So please dont be too hard on me!) I'm 26 and my goal is to make $500,000 a year in passive income by acquiring r...
Mindy Jensen
What's your MOST Creative Finance Story?
I want to know the most creative way you've ever financed a real estate purchase.Mortgage? Pish, I've done that.You sold plasma? Tell me more.Seller Financing? I'm all ears!Brandon Turner told us in How We Bought a 2...