Hello CA BP members!I am new to REI and joined BP several months ago. We live and Turlock and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowing...
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...
I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Any of you who listen and follow the Ramsey debt snowball school of thought have a conflict with securing an investment with a mortgage outside of your personal home?
He says only buy real estate if you can pay cash ...
It would be great if your guys could answer the following questions
- Were you able to quit your day job and live off cash generated from RE?
- If so, what age did you start investing, and how long after investing did...
I'm trying to figure out how I want to approach real estate, retirement, etc.My desire would be to build up about 3k-5k in relatively passive monthly income. Or at least, passive as it relates to my currently working ...
Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
What should I do ?My realtor is a great guy but this is the second deal that he refuses to show me ( he rather give me the number to call ) stating "he is not driving 20 miles for 500$ commission"I saw a condo where t...