Walt B Philip
Deals not making sense right now
Hi all, first time poster. I’m planning on buying some rental properties sometime in the next year or so when I’m comfortable with my cash reserves. Seems like house prices have jumped up a bit lately and I’m wonder...
Nicolette Alger
LLC or other form of asset protection?
My husband and I closed on our first two properties a few weeks ago. We need to set up some sort of protection. We were thinking about putting them into an LLC, but with my reading there seems to be drawbacks to tha...
Menachem Krasnjanski
Buying a motel at a sheriff's auction
I'm trying to figure out if it makes sense to buy the following property. It's a 2 star motel in a midsize city in the Midwest with more than 100 rooms on over 2 acres of land. It's being sold at a sheriff's auction a...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
David McCormick
Dispelling the myth of positive cash flow in Chapel Hill, NC
Hello all,I have a son attending the University of North Carolina at Chapel Hill and another in high school that also wants to go there, so naturally I'd like to set them up in a 2- to 4-plex off-campus. Nothing too u...
N/A N/A
Starting to think rehabs are easier than wholesaling
I got into REI in March and I've finally gotten to the point where I feel I can do transactions. Originally, I felt doing wholesales was the way to start out, but as I circle neighborhoods, talk to investors, sort th...
Shawn Long
UPDATE: 07/16 Backyard Knowledge in Northwest Indiana
Hey BP Crowd! I seemed to have generated so much interest from my very first post that I thought I would provide an update for all the savvy investors looking in the NWI market.
DOUBLE TRACK UPDATE:
The West Lake Pr...
Patrick Helms
Multi family investment
I’ve been looking at a duplex listed for $130,000 with current rents at $675 each, building seems to be in good condition and near a college. I’m new to multi family housing so any input on this would be greatly appr...
Julie Ferrier
The numbers work out, but...
I'm looking at a quadplex out of state. I'm in California, the property is in Texas.I have total faith in the real estate agent, as I have known her for 15 years and trust her judgement. She thinks it looks good and l...
Kris Klark
How can you profit from a downturn in the economy?
I am new to the world of real estate investment and am trying to build a solid foundation of knowledge before I start making any deals. My interest is broad and I could really go in any direction as far as "choosing ...