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Results (811)
Rhondalette W. $3500 Earnest Money Counter Offer?
8 December 2016 | 38 replies

Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...

Anthony Rodriguez Xpressloans 911 IS A SCAM!
16 March 2023 | 53 replies

Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process...

Kim Hopkins Mathematical Connection Between Debt Terms & Cash on Cash Return
19 September 2023 | 20 replies

After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...

Dan Gatens High Return Real Estate experiences?
12 January 2024 | 54 replies

Hello BP!I am narrowing my short list of turnkey companies I want to invest with, curious if anyone from the BP community has purchased a turnkey property from High Return Real Estate.  I am working with Jack and he h...

Mark N.A Concealed Weapon Preferences
29 May 2008 | 38 replies

So I was over on Tim Wieneke's great thread on the hazards of going into vacant properties and several posters mentioned that they carry concealed weapons.

I'd like to find out what type of concealed weapons are most...

Brandon Schlichter Do you think it's possible to create 1b net worth?
6 May 2011 | 40 replies

I've been pondering this over the past few months when I was out of town on vacation.

I'm curious about the possibility of setting a lifetime goal of developing a company with a 1b net worth over a lifetime.

I've ...

Jeremiah B. Buying Site- and City-unseen
23 August 2014 | 36 replies

So, my wife and I have run into an investing dilemma that we'd like to ask for some help on.

What are your thoughts on buying a house where we 1) have never seen the house and 2) have never been to the city? We woul...

Jon Q. Experienced Investors: Timing / Are you now doing deals?
23 April 2023 | 70 replies

Experienced investors, those with 10+ years of investment experience,…How many deals have you completed over the last 24 months?  If you’re not actively doing deals, what are you spending your time doing? Property imp...

Dan N. Why do people use LLC for "buy & hold" rentals that have mortgages?
17 July 2023 | 87 replies

I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...