Timothy Metra
New investor with $10,000... What would you do if you were me?
BP, what's up? The title is pretty straightforward to my situation. I have $10,000. How can I turn this into $1M overnight? Thanks!Okay, I'm only joking. If you're still reading, I'm assuming you're patient enough to ...
Jordan Thompson
First deal (Duplex) rehab and build - with pics!!
Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
Hau N.
Should I walk away?
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 ...
Jordan Lucas
Is a 100 million RE portfolio a reasonable goal?
Hello everyone, I’m currently a junior in high school. I would like an asset amount of 100 million(not necessarily net worth) around my 50s-60s. I plan on starting to invest in RE ASAP! Most likely around 20-21 if not...
Bay H.
what are good income options for $150k-$300k?
My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
Karen Margrave
Challenges of developing mobile home parks, affordable housing
With such a high demand for affordable housing in California, Oregon, and other states, has anyone tried developing a manufactured home park or anything similar? What are the challenges with getting it approved? Is it...
Will Barnard
Another Bubble on the Way?
http://www.latimes.com/business/la-fi-fannie-fredd...Read this article! Looks like Freddie/Fannie will be lowering down payment requirements as well as required Credit scores.Great idea morons, let's give more credit ...
Paul Munly
Portland, OR Landlords -- Please Take Note
I'm on a Portland, OR real estate broker's email list (I was thinking about buying in Portland a few months ago) and received what appears to be a pretty alarming change the city council is trying to pass this Thursda...
Daniel Lehman
Pay off car loan or buy first rental?
So I have a car loan with about 4 years left. The interest rate is at 24%. I have been building my credit up and I'm around 700 now but when I tried for a refi i was denied. Should I pay off my car loan first before I...
John S Lewis
Are you a slum lord?
So, since I've started as a pro member here on BP, a lot of the properties in my price range are all in run down neighborhoods with high crime. Does anyone have experience with these types of rentals? Is it just a ...