Dave Alexander
How hard is it to get + cashflow on owner occupied property (250k+)?
Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
Richard Graham
Is this Fraud
I have a co worker who wants me to help her. Her and her husband are divorced the note is in his name only but they are both on the deed. She lives in the home he does not. They went through the trial loan mod but h...
Rob K.
Menards
A Menards just opened in my area. I've heard about this store for years, but never had the chance to go inside one. They've been mailing out flyers like crazy and seem to have good deals on stuff. I currently buy most...
Michael Evans
Pre-Construction Flips
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
Wesley W.
To catch a pot smoker
Hi all,
Okay - here's the situation: shared entrance hallway between two units, and one of the occupants is using the hallway to smoke pot. I know this because I have been in the hallway a few times in recent weeks ...
Jessica Brennan
Would this be a deal breaker for anyone?
I have an opportunity to purchase an off market deal, however I'm hoping someone here has dealt with something similar and can give some advice. The house is being sold by the daughter of the man that lived there. How...
David Zheng
Accidental $291k cashout refinance... Biggest BRRRR Deal yet!
Hi BP!Just wanted to share one of the most exciting things that "accidentally" happened to me. Back in Sept, 2016 I was just 9 months into real estate investing and I was browsing Zillow for fun as I usually do. Manag...
Steven Baca
How do I turn $55k if $1M?
BP Colleagues,Open to new formulas on turning ~$55k into $1M. Seeking suggestions, mentorships, possible partner(s) and new ideas. Willing to discuss in person if within a 100 mile radius from Victoria Texas!
David Campbell
Never invest in a cashflow negative property?
I invested in a property in property in San Diego in 2015, whose numbers were indicating it was going to be cashflow negative by a couple hundred dollars per month. I was a little surprised at the near universal advic...
John M.
Where to invest -- Good areas/Bad areas
It seems like the worse the neighborhood, the more the rental profit.
For example, in a bad neighborhood, I can buy a $45,000 house that rents for ~$850/month.
In a good neighborhood, I can buy a $100,000 house that ...