Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
Karen Kingston
Real Estate Agent Familiar with NACA Process
Hello everyone,I'm a real estate agent from New York. I work equally with buyers and sellers. This past month a past rental customer called me and said she was looking to buy a house. She proceeded to tell me that s...
Michael Burks
Mentoring Cost $20,000
I went to the 2 day Life Styles Unlimited class this past weekend with the goal of learning and finding a multi-family mentor to begin investing with. Like a typical sales funnel I quickly learned it was a brief over...
Kayla Wagenmann
Newbie here! Would it benefit me to get my real estate license?
Hello everyone! I've spent the last few weeks lurking on the forums and am excited to finally make my first post! My question is... do you think it would be worth it to get my real estate agent license before investin...
Kyle O'Donnell
Forbearance ending. Opportunity?
The CARES act ends on June 21, 2021. Federally backed loans (FHA, VA) will resume payments and I’m sure many borrowers will default. Are we on the precipice of serious opportunity? Short sales, foreclosures? What stra...
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
Hi all,
I think my question above is pretty direct.
I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state) tha...
Dylan Katz
Potential tenants seeing vacant unit unattended?
Hi BP community, I just finished listening to Mike Butler's "Landlording on Autopilot" audiobook, and I found his chapter on showing vacant units very interesting. For those that haven't read or listened, he recommend...
Jeff G.
Carpet ruined - Do I have recourse? Should I pursue?
I had tenants rent my 2,850 SF house for 5.5 years. They disclosed their four dogs before signing, and they gave me a $500 extra deposit for that (in addition to last month's rent). And the wife said to me as they wer...
Sigmund Reboquio
No offers on my house :( Help
Hello guys, My second day here at BP and Im loving it!Can you please give me some feedback as to why there were no offers on my house?https://www.redfin.com/CA/Fremont/3019-Paine-Ct-94...I know that most likely the an...
N/A N/A
Cash Flow
Hi- Just wanted know what investors are experiencing in terms of cash flow while using 50% of gross rents. Are you TRULY finding properties that produce gross rents equal to 2% of the properties purchase price??? ...