Garmeon Y.
50% rule flaw - missing out on deals
How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
Matthew Holtry
What is the Happy Path for a Private Money lending Transaction?
BP Community,I recently did my first private money deal (as a lender). The borrower is someone I know personally, and we intend to do additional deals together in the future. We stumbled through this first one togethe...
Travis Williams
New to the forum... my 1st (and 2nd) deals
Hello everyone!! My name is Travis. I've been browsing these forums for a while as well as doing my own reading/research about real estate investing for quite a while. My wife and I have decided to do this as a side...
KB Bergeron
Pay Off Properties vs Purchase More Properties
Greetings Everyone!
My name is KB and I am currently serving in the military. I have 2 rentals (one I previously lived in and converted into a rental, and the other purchased as a rental) Question: Does it make sens...
Brieer Doggett
Pay Debt First or Start Real Estate Investing
Hi all,
I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...
Account Closed
Real Estate Investing in Mexico - Best way to get loans/financing?
Hi guys, I am a Canadian citizen with permanent residence in Mexico. I've been investing in real estate in the state of Yucatan (the safest state in Mexico) for the last 1.5 years and have learned alot.. so far I've i...
Fay Chen
To Rent Or To Buy?
Dear BP family, I have a difficult decision to make and would like your opinion.Decision: I'm looking to move to Pasadena, CA in June. Should I buy or should I rent?Background:I love Pasadena! I regretted moving away ...
Tora Miller
Detroit
hello everyone I am looking to buy my frist rental property inDetroit and was wondering if there were any one else that plan or own rentals in Detroit that could give me some advice thanks
Jennifer H.
Should you rent to a tenant who filed Chapter 13 Bankruptcy one year ago?
What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
Brent Bridgman
Than Merrill?
Have any of you heard of Than Merrill? I just saw an ad on Facebook saying that he was offering real estate training seminars in Indianapolis. Have any of you attended? Just curious to see what you all thought. Thanks...