Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
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 ...
Good evening all, Just trying to get a conversation started about why others have given up in the past. I know many people who are interested in real estate, some pursue it, but many many decide not to do it after a...
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Many say grit and persistence keeps us going. @Engelo Rumora reminds us to be willing to keep going when you don't think you can keep going any longer. And I've learned that its about the relationships that you build...
If you've spoken with me for more than 10 minutes, you know I'm a big fan of STRs and AirBnB as both a host (SuperHost, in fact, nbd, just a celebrity here) and as a traveler. I find that STRs are a great way to ex...
Not screening properly.Not running numbers correctly.Not evicting in time.I want your mistakes and your stories behind those mistakes! Please share below.
There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
Good afternoon, BP. I'm looking for your preferred medium to obtain data that has been helpful in your wholesaling experience. My specific plan is to send postcards to home owners in more rural areas outside of the ...
Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...