Zachary Freeman
Cash out Refi and wait
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Casey Serafino-Lee
How to even start with Investment Properties....Prefer Out of State
HiI am a newbie investor. I am interested in investing out of state as I live in California and our tenants rights are awful here. It is so difficult to get rid of bad tenants....plus the ROI here is not great. I a...
David Bowles
New purchase, current tenant is not current on rent
Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Matt Banahan
Newbie: Advice on Buy-and-Hold in Florida
Have been doing research to narrow down certain areas / cities to invest with buy-and-hold rental properties -- Florida continues to pop up in articles and when looking at metrics such as Pop Growth / Employment growt...
Dhanasekaran Ranganathan
Need Property Manager at Bakersfield, CA
Hi All, I am planning to invest in Bakersfield, CA and looking to build a local team. Can you please recommend Property Managers in the Bakersfield Area. Thanks!
Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Davon Lowery
Do contractors not get it;more you charge me the less I can flip
Dude, this is a symbiotic relationahip. Trying to start my new REI project, a flip in Milwaukee. Trying to negotiate with a contractor to budge on the plumbing costs, he wants 10k to pipe a 2,200 sqft. duplex, I need ...
Joseph England
15 Rehabs in 10 Months in Baltimore City!
Hello BP,I started my real estate investment career a little over a year ago. I bought my first three properties within two months of each other. Two of these were turn key rentals and the other was a rental rehab tha...
Serge S.
Due on sale clause was called by bank!
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...