Account Closed
Why shouldn't I invest more money in lending club?
I started investing money in Oct 2010 in lending club. My current annualized returns are 11.28% (I think my projected long term return will be around 9.5%). The only reason I can find not to continue to invest on th...
Will Barnard
Viability of Flipping in Expensive Neighborhoods
This was a question posed to me via PM that I wanted to share for the entire community and welcome feedback and questions from everybody interested in the topic."Hi, WillThanks for sharing your valuable experience at ...
Trevor Martin
Partnering on Multifamily Property - Need Advice
I'm looking into purchasing my first multifamily property with my real estate investing mentor (50:50 split ownership). It's a 12 unit building that will require a down payment of ~$90,000. My mentor (potential partne...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...
Zachary Steidl
Moving to North Carolina
Greetings! I am transitioning out of the military and will be moving to North Carolina with my girlfriend in May. I’m really excited but we are having a difficult time narrowing down our focus on a specific area..Is t...
Leon Lee
Is 2% rule a good measure for STR
Hi, BP family
I was recently thinking about a good measure on whether it is worthwhile to convert LTR to STR. I asked around and got different answers. Some say that your STR gross income needs to be at least twice a...
George Pauley
Hold or Sell - Thoughts?
Hi BP'ers!I am planning on selling my 3 AZ rental properties and wanted to put my thoughts on why and how up for review, critique and alternative thoughts. :)All three properties are in the Phoenix AZ area, and were ...
Aaron Mazzrillo
Rehab & flip, Sell to Tenant, Hold as Rental... What would you do???
I'm really in an investing conundrum here...About 2 months ago I bought a house, well, manufactured home. Please read the details of that deal here. (It's the second deal.) This isn't a shameless plug for my site, I j...
Michael Hayes
Buying Seasonal Vacation Rental with All Borrower Funds
I am looking to buy a seasonal investment property on Cape Cod where many people are making $100k plus a season. I know the market up here fairly well, so even though it may not be the best ROI it's something I'm comf...
Josh July
What would you do? Investment strategy
What would you do? if you recently received a large settlement(over a million), got a great credit score of 770, have only a few hundred bucks of living expenses per month.
What would you do with the money? Would it ...