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Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...
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I was speaking to another Real Estate Investor who lost money on several rental properties in the 2009 economic downturn. I was curious to learn from him how he lost properties (or was forced to sell for a loss) if th...
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Hi everyone! I'm a newbie and excited to start my real estate journey. My goal for real estate investing is purely cash flow. I'm looking to purchase my first rental property in 2019 and was wondering if I should focu...
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Hi everyone! I recently have access to $100k which is in reserves and would like to know the best strategy to invest in real estate. I have studied all the different strategies, however, because of my job I don’t have...
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Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
I Have been Listening and following Dave Ramsey plan for a while now. I happen to stumble upon grant cardone and have been listening to his materials. It's a total different approach from what Dave Ramsey teaches. Gra...
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I viewed a property for 87K which is a homepath property and has been on the market for over 2 months. I called the listing agent to say I wanted to make an offer of 80K. He said if I could close by end of July he tho...
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Hello All,
I have had my first wholesale deal under contract for a couple of weeks. I know my mistake was not getting it under contract lower but with the pay off amount for the homeowner and the lack of repairs neede...
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Note: I wrote this post pretty quickly, so I’m sure there will be some questions and perhaps even some confusion…if so, feel free to ask, and I have some additional disclaimers at the bottom... I’ve written a bunch ...