Vincent Meoli
High income earner seeking to quit his day job- What to invest in
Hi all-Let me start out by saying I've been following this site for a little while now and I love the insight that you all provide. This really is a fantastic resource.About me-I've been blessed with great parents wh...
Nathan Gesner
When is it OK to talk about money?
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...
Alice K.
Where do you invest? (San Francisco is insane)
Hello All,I've been involved in 2 out-of-state offers so far and feel like I've hit a wall in the areas I was planning to purchase a home/multi-family in. My primary question: Where would you / do you invest? Past exp...
Phillip R.
Should I Reduce 401K Contributions to Save for Real Estate Investment Property?
I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
Harry Metzinger
Cash Offer
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
John Acheson
Do you want to get into commercial real estate?
Arguably, one of the 1st steps in commercial is to have a seasoned LLC to be able to get financing. I've been researching the main differences between traditional mortgages for residential and commercial lending and j...
Steven Noreika
Getting started (my story) - LONG - Barely Updated 12/12/07
I mentioned in my introductory post that I would attempt to chronicle my experiences as a first-time real estate investor here, in the hopes that some other new investors may relate to them and maybe even find them he...
Erik B.
Key differences in 1-4 units vs. 5-12 units
Been looking at OOS small multifamily properties and I'm curious what the not so obvious differences are. What does one need to know when looking at a 6 unit building as opposed to a 4 unit? What changes when a buildi...
Brian Buckley
Thinking of self managing rehab property
I just met with three different sets of general contractors to get an idea on the costs associated with the rehab, and I wound up with three completely different estimates. Contractor A gave the property a good walk ...
Marty Sheehan
Seller claiming "not enough money to close"
I'm in a bit of a pickle on closing right now. I was under contract for a duplex for $165K "as-is, where-is" but on the home inspection, we discovered a leaking pipe in the bathroom which was flooding the bathroom/ad...