Larry Spradling
Advice on a horrible situation
Two years ago, I was brand new to real estate and transferred my IRA to a self-directed IRA. I was introduced to a company called Growth Equity Group that specialized in turnkey rentals for folks like me who had IRA ...
Steven Smith
Purchasing A 4 Unit Property With Negative Cash Flow. Bad Idea?
Hello Everyone. I'm in the process of closing on a 4 unit building in CA in which I will live in one of the units. I will be raising rents about 8% since the current owner hasn't raised rents in a long time. Even if I...
Perry Ivy
How much debt do you have?
I currently owe $265k and was curious to see how much other investors owe. This is spread out between six properties.
Sophia Boro
Why do some investors allow unpermitted work?
There are obvious benefits to acquiring properties that have permitted work, but I want to see if anyone can explain why some folks allow unpermitted work. My curiosity includes how timeframes are affected, the listin...
Gil Cortes
Detroit??? Has anyone been purchasing there? Why, Why not?
Hi Everyone,Just Curious is anyone picking up property in Detroit? if so why? if not why?
Aaron McCurdy
Where do I begin? Commercial investing -- ie: Car Wash
Hello, All! First off, thanks for any advice that I can get. I am learning as much as I can but there is so much to all of this. My wife and I have been discussing what we can do to leverage some of our money and di...
Kurt K.
Deal Analysis.
Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...