David Cheng
What do you qualify as a proof of funds?
Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...
Jean Moynahan
Tips on Selling Duplex
I'm in the process of trying to sell my duplex but have noticed how small the market is for investors compared to regular single family buyers. I am a little dismayed at the lack of interest and am worried it will ta...
Joe Splitrock
Zillow Stops Buying Houses and Stock Tumbles
What are your thoughts on Zillow pausing their house buying and flipping business over growing inventory? The stuck has tumbled over the last few months. I think they will clear the inventory and figure out how to mak...
Michael Warinner
I dropped out of college last week.
I’m 20, and I just dropped out of college to pursue RE full time. It’s not that I was bad at school- I had a 3.1 GPA heading into my junior year, but I just decided that since I have clarity on what I want in life, th...
Lisa Marie
Are REIAs a scam?
Dear BP,I'm attending my first REIA event today and it seems like a scam. I'm a bit skeptical when they are throwing stories of $$$ left and right. Any thoughts?
Shiloh Lundahl
If you have less then 20k, you shouldn’t invest in real estate
I know that many may not agree or may even be offended by the idea that if you don’t have 20k you shouldn’t invest in real estate, however, It’s true. If you’re an adult and you have no money saved up, then before you...
Nathan Gesner
Why you SHOULD allow animals
This is probably the best study I've found on the benefits of renting to pet owners. Too many Landlords believe pets cause too many problems and result in a loss of revenue. This study found the opposite to be true. B...
Gil Segev
Investing without cashflow - Austin MTR
After several less-than-stellar experiences with OOS investing, I've decided to try to invest close to home in Austin. LTR cashflow in today's market and interest rates is extremely difficult so I am looking at MTR wh...
Richard E.
Thoughts on Vacation Markets w/ rising rates/economic slowdown?
Hi all,I am a little curious what veteran STR people think about the current market- specifically, VACATION ONLY MARKETS. By vacation only markets, I mean places where basically nobody is moving for a primary residenc...
Account Closed
Dump Your Real Estate Agent
It is my contention that in most circumstances you should not use a real estate agent to buy a single family home, and only in limited circumstances should you use one to sell. This strategy saved me approximately $15...