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Results (314)
David Song Why to avoid < 50 k properties
2 July 2018 | 338 replies

If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.

Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...

Ryan Rogers BRRR Poll Question: With break even cash flow, Yay or Nay?
18 April 2016 | 179 replies

Hey all!Hypothetical but very a real question:With little to no money to start your REI career.  If you could perform the BRRR strategy, factoring in ALL EXPENSES.  Cap Ex., Vacancies, Etc...And broke dead even to beg...

Jay Hinrichs OK who has received all or most of their rent this month ?
11 October 2020 | 589 replies

I will start  my two rentals paid  one was actually 3 days early.. tenant works for the DOD in area 51 high level 100k plus 750s plus fico.A class rental in Vegasother tenant is in Mississippi my last Go zone house I ...

Christina Tkacs Can you truly get ahead by buying turn-key homes
7 August 2021 | 89 replies

I want to write the title in quotes because it's not like I had much of a strategy to start with.  I bought a duplex and a turn-key SFH at a normal price for houses in the area.  Both were conventional loans with 25% ...

Matthew Ware Advice: I Inherited a house in San Diego with a Long Term Tenant
4 April 2017 | 80 replies

 I am a 44 year old teacher who suddenly inherited property in San Diego when my father passed away unexpectedly. I have no experience managing tenants or property. The home is a single family home in the Clairemont ...

Nadine O. Where would you move to start building your real estate empire?
19 October 2022 | 248 replies

Hi BP Family! Where would you recommend living in USA to start house hacking and building a rental property business? The intent is to relocate from a high cost of living area like the Bay Area in California (although...

Ami Sapir An American Nightmare
26 July 2017 | 157 replies

My name is Ami and I have made a pretty  big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...

David Hanson How much cash flow and cap rate is enough?
13 December 2016 | 47 replies

Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...

Jeff F. Cheyenne, WY 7 Unit Apartment Complex
5 August 2020 | 131 replies

On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...

Christian Benitez Where did you get your money to start investment
14 April 2016 | 61 replies

Currently I do not have the best credit (fair) and not so much extra cash. For those of you that have already made at least their first investment. Where did you get the money? Own cash, 401k, hard money lenders, bank...