Christian M.
Paying for a mentor
Hey everyone,
I know a lot of you out there will immediately say it is not worth paying for a mentor. Go to REI clubs read books etc... I do all of this and because of it have been successful in my first two deals. I ...
Matt R.
Anyone ever purchase a HOA foreclosure deed?
I have a opportunity to purchase one HOA deed at 25 cents on dollar. I can rent it out and negotiate with bank for clear title in the meantime. My cost is 35k for a nice condo, A property in B+++ hood worth 132k. Anyo...
Scott F.
Do you reward your Residents at their lease anniversary if so how
Do you reward your Residents at their lease anniversary, if so how?One of our policies is to reward a resident at their lease anniversary with a gift card to a very large national retail store in our market. The longe...
Mitch Kronowit
How much CASH FLOW can $40k buy?
Good evening all,
For those of you familiar with my approach, you already know I'm interested in holding onto property long-term for the appreciation potential. However, my wife and I are willing to take a good hard ...
Corey Demuth
rental property tax example - please advise!
I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...
Maya German
Should I stay or Should I go?
Hello everyone,First of all, I am new to BP and I enjoy reading people's posts. So here is my dilemma. I am selling a couple of my rental properties in San Diego, CA and would like to do a 1031 exchange on a multi-fa...
Alyssa Baron
What is a Cap Rate and why is it so important?
HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
Gary Dezoysa
Investing in a dying city – future loss of equity?
I plan on beginning my investing career by relocating to Ohio. Cleveland, Akron, Toledo, one of those cities. In each one you can find houses going for $20,000. Of course there's a reason – continuous population loss ...
Michael Chewning
Buy more or pay off?
HelloNew to hear so perhaps this is one thats been answered a lot.We will be closing on our 3rd rental property in a few weeks. - 1 SFH that was our original primary that the mortgage is underwater on so we kept and r...
Ashley Marrazzo
Purchasing a rental property, bank won’t grant loan due to income
Hey everyone! My name is Ashley and I am a first time home buyer. I am looking to purchase a duplex or triplex. But they told me no! I refuse to hear that as an answer! I was Approved for an 800k loan at 3.5%. I have ...