Account Closed
Seattle market?
Is it just me or is the seattle market a hard market to cash flow? I mean even kent/renton, auburn, Des Moines to even north seattle, all the markets seem expensive. I always see people post about buying a duplex for ...
Martin Neal
My First BRRRR: Success or Failure?? LOTS of Details and Pics
Prepare yourself: this is a long post. I wrote this post for any newbies and for anyone with questions about the BRRRR process. I also wrote this to let you know about me and my process. Born and raised in Chicago Ill...
Gaurav Bahal
Appraisal is Less than Contract: To Buy or Not to Buy? HELP!
Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
J. Martin
"It's Different this Time!" - Why we can't lose in RE! :)
This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...
Erika Geoffrey
Would you purchase strictly for cash flow?
Hi all,I've been finding really good deals for cash flow in some of the smaller towns. However I'm a bit nervous about purchasing in a town where there's not much going on.We are foreign investors, strictly purchasing...
Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Damon Riley
Autumn Property Management (Michigan)
Is anyone familiar with Autumn Property Management in Waterford, MI? They are taking over the PM duties from Proway (which was an arm of Strategic Properties, LLC). One source was optimistic that they'd be more resp...
Michael Swan
Should I Stay or Should I Go Now? If I Stay There Will Be Trouble
Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Golan Corshidi
Is investing based on appreciation a recipe for disaster?
One of the most common topics discussed on bigger pockets and other real estate forums is the decision between a property that cash flows and one that has the potential to appreciate. To take this further, I recently ...