David Lutz
The Myth of Cashflow – and understanding how to reserve properly and model.
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Chris Adams
My 22 duplex lot deal - $1MM in debt - purchased with no money down.
***WHY I AM DOCUMENTING THIS ***Before you read this post I want to explain why I am documenting this deal. I am where I am today because of the selflessness of a few people that had taken time out of their lives to h...
Tony Wooldridge
What is your FREEDOM number (#)?
I am a relatively new but very active newbie to REI. I have purchased my first investment property which I am in the process of flipping right now. I listen to BP Podcast in my car on my commute to and from my 1.5 h...
Amy Raye Rogers
What is the most under realized opportunity in real estate today?
It seems like so many clients and friends I talk to want to get started in real estate investing. With all the accessible information (including from platforms like BP) interest is higher than ever.My question is sim...
James Wise
What does your PM charge for Airbnb?
Yo freaks my company is currently making a big push into the Short Term Rental business in the Cleveland market. Thus far, our business has primarily been long term buy & holds in the lower income space. Ya know S...
Account Closed
Solving the negative cash flow issue with LA rentals
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
Ben Payano
$800 Negative Cash FLOW Per Month Should I Still Hold?
Hello,I'm in a tough situation and need your suggestions: I purchased a property (Loft) in Downtown San Diego 2016 and recently got transferred overseas for work--I'm scheduled to return to San Diego in 2020. Since pu...
Nicholas Weckstein
Appraisal all wrong !
Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
Justin M.
2016 California - Feasible rentals at home or look out-of-state?
Hi folks - I'm new to BP and to REI in general and am looking for some advice as I get started. I purchased my SFR back in 2007 (what terrible timing!) in Los Angeles county and plan to continue living here for the ne...
Grayson Gist
Racism versus Return
Hey there,I want to build a fence around my owner occupied fourplex. I watched a neighbor put up a beautiful 6’ privacy fence and hoped the contractor would put up a sign. They did so I called it. He came out and gave...