Account Closed
What is the cap rate in your city?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Alicia Marks
QOTW: What are your "hard pass" items when evaluating real estate
Welcome to our Question of the Week! We have a lot of people who are entering the world of real estate investment who could use your wisdom. When evaluating a property, what are your automatic no or exclusion list ite...
Joe T.
Screwed by lender, any recourse? Out $2200
So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
Susan O.
Parking money in Slower Markets - Mid West, South, high CoC cap?
Is anyone doing 1031 exchanges out of markets like San Diego, San Francisco, NYC, Boston and just parking money in slower markets? Or sub markets with higher cap rates?What are all your thoughts on just parking money ...
Joshua S.
Velocity Banking / HELOC Checking Acct - It Works (Proof)
Hi, everyone. I wish everyone knew how great this strategy is, so I'm trying to spread the word. I'm not selling anything, just trying to let people know how it works. When you're paying your mortgage month in and mon...
Dan Wickland
Getting hate from friends / family / strangers for Investing
Hey guys!Not sure if right forum to post but I thought this was most appropriate one. I was curious to hear how people's investing has effected family/friendships/relationships, if at all? I notice as I'm getting more...
Jay Helms
Contribute to 401K or Not?
Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...
Scott Trench
POLL: Was Your FIRST Investment an MLS or Off-Market Deal?
I bought my first investment property the old-fashioned way - with a deal found on the MLS with the help of a real estate broker. We hear stories all the time, however, of users that find their deals far more creative...
Jessica G.
What incentive is there for a realtor to present low ball offers?
Hi everyone. Apologies if this question has been answered before, a quick search didn't come up with anything.Anyway - a friend of mine who is a real estate agent sent me a property that has not come on the market yet...
Zoe Lee
Contract with water damage co still valid after denied coverage?
We had sewer water backed up into a multiplex a couple of weeks ago. Our PM sent a water damage company onsite to extract the standing water on emergency.Later the company called and asked me to sign a contract so the...