Account Closed
Interested in Las Vegas , help me with areas to choose
I am looking to invest in Las Vegas. Thinking of doing anything less than 4 plex. I read about Henderson area. Any other areas I should be looking at ? TIAI eventually will need help in refs for kick ass real estate a...
Joe Banks
Exceptions to the 1% Rule in Austin?
Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...
Brandon Schaffner
Best Recession Cities for investment
I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
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...
DeWayne Counce
$50,000 cash available to invest
Hello all,I currently have $50,000 cash available to invest. Right now I own a SF home as my primary residence with $$60,000 in equity right now. I have read multiple books, watched online videos, and have gained a li...
Joseph Lucas Jr
Landlord Tales and cautions
Happy Friday BP Nation!I am still very new to the world of real estate investing but I think I’m going to go down the path of buying, holding and renting. Now I talk with my fiance about this and she immediately bring...
Ryan Harris
What's most profitable?
I'm getting ready to purchase my first home. I know you can make money with real estate if you do it right but I'm not sure which would be a wiser decision. I'm deciding between buying a house and then keeping it and ...
Tyler Condon
In escrow and getting really cold feet
Put in an offer at list price with 3% seller concessions and furniture included. With the concessions I am able to cover closing costs and get a 2 1 buy down. So my monthly payment for the first year is approximately ...
Steven Alvarado
First Time Landlord Looking For Advice
Hi,I recently got my primary residence leased out this month. I’m excited about it but lacking the knowledge behind being a landlord and the responsibilities that come with it. Curious if anyone had some Do/Don’ts , s...
Nathan W.
Creative 100% financing creates temporary negative cash flow
I'm encountering a situation right now, which I will attempt to generalize in this post. Looking to discuss the pros and cons, to ensure I am not overlooking anything on the financing side and understand the risks/be...