Gavin Jones
Best Advice for First Time Home Buyers right now
Hello,I'm a pretty new real estate agent and I am 25. I have a lot of friends who are wanting to buy homes but it is an extremely tough market as you all know. Along with the listings being extremely limited, there is...
Nicholas Foy
Real estate investment failure
I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...
Ajit Savla
New to real estate investment
My Name is Ajit and i am from massachussets. My motivation to invest in property is to generate passive income. Is this right time to invest, when we have high interest rates and less inventory in the market.
Maggie Hamill
Should we hold or exchange duplexes?
We are builders and developers in the Dane County (Madison, WI) area. We currently have one duplex completed that is rented and cash flowing approx $1,000/mo. However, we have another that is negative cash flowing $50...
Jeff Russell
Hello From Derbytown!
Hello all. I have 5 properties that are currently in my father's name, which I will be getting in my name in the near future. I was told about the Brrr method and I read about it and I STILL have questions. I am inter...
Jose Almonte
How do you take out cash flow?
Please excuse me if this is a dumb question. But how do you know what to take out every month from the bank account once the rent checks are deposited? Let’s say hypothetically the P/I is $8000, the property tax is $3...
Danny Celestin
Should I Buy the Rate Down
BP Fam, thanks in advance for your help with this situation. I'm in escrow on a duplex, my credit score is high 750+, I'm a W2 employee, and I plan on keeping this duplex for more than 10 years. With all the speculati...
Account Closed
Multifamily Investment Analysis
Hi,I've been looking at some multifamily deals on market recently. I understand that cap rate is a good way to determine if its a good deal. My question is if the investor was looking to buy out the current tenants, d...
Sherelle Montague
Buying my first home
Hi all! I am going to be purchasing my first home in 8-6 months. I live in the Seattle area so 3.5% down on a multi is still way out of my price range as they go for about 800k and above.My thought was to buy a 2-3 be...
Michael Williams
Ethics
I have a dilemma that I would love to get an opinion about. I have an acquaintance I met in the past several weeks that is a wholesaler in Atlanta. He has a house under contract in an area of Atlanta that is a hotbed ...