James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
David K.
Anyone else paying down mortgages rather than buying now?
Seems I keep getting beat on properties going for full price and more. These deals often have low returns and function solely on best case scenarios in my opinion. Anything good is snapped up quickly. At this point...
Eric Don
Deal 1: Self Storage Facility - Learn with me & offer support
First thing's first, I was laid off from my job and thinking of creative ways to support myself and escape the matrix. I have $400k in accessible cash looking to deploy towards real estate. I made another post and con...
Billy Mcavoy
Paying down additional principal each month
I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...
Rj J.
Dave Ramsey Philosophy + Buy & Hold Strategy = ........Reality???
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
Eric Rice
Too many options, scared to make a wrong decision
I'm in desperate need of some guidance or reassurance at the moment. I am feeling overwhelmed by options, things I've learned, and fear of the future.Right now my wife and I are trying to make a huge, potentially life...
Account Closed
$1 Million In Rentals - How Much in Reserve?
Ok here goes.... I’ve finally put some of the useful knowledge I’ve acquired over the years on BP into action. My strategy is buy and hold and I’ve just acquired my third deal. I now have approx $1M in rentals but am ...
Mary Jay
When would you buy a property with a negative cashflow?
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
Daniel Lynch
Should I charge my Girlfriend rent?
So in the next few months I plan to buy my first duplex! I plan to house hack; rent out one side and live In the other. While running the numbers a thought crossed my mind about my girlfriend paying rent. Here’s the t...
Madeline J.
Ethically investing in poorer urban areas
For a few months I've been learning about how to use my unused income from a full-time job to invest in real estate and have been reading lots of books like Hold: How to Find, Buy and Rent Houses for Wealth, Brandon T...