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Hello, So a potential renter of mine is insistent that they do not need renters insurance even though I have told them how cheap it is and that it is highly recommended. Renters insurance is not required by law in Vir...
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Some backstory.I have not made my first real estate investment. Still trying to buy my first home for my family but after that's done I'd like to be aggressive about real estate investing. I love numbers but it's hard...
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Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people s...
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I am hoping for some advice from a seasoned group of people. I am currently looking at acquiring my first property. This is an off market duplex that I found while walking around an area I was interested in. I was abl...
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I have a question for any members that have a good amount of experience with property managers. I apologize for the length of the post.
I currently own a property in another state and have a property manager who man...
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Hello, everyone!I'm a new investor that was keen on getting into the real estate market in 2021. As I'm reading more and more I'm seeing a pattern of belief that we are headed toward a real estate crash. Unemployment ...
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Hey BP!Considering my 1st purchase... I ran it through the BP rental calc and it cash flowed $28... I'm hoping I did something wrong!Anyway, what do you think??? Here are the numbers:Property - FHA Owner-occ QuadP...
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I was browsing some properties in manhattan, ny and some in the surrounding area and noticed that most of these properties have a negative cash flow. So i dont understand why anyone would want to invest in these prope...
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Hello everyone, I have a weird scenario that I have been really wrestling with lately.I am in the middle of buying a home and the appraisal came back $40k under my offer. The seller said they would come down $20k and ...
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BP,
I don't believe this difficult, I believe this is very much doable. However, what makes achieving this goal so difficult for most investors? Seeing that "financial freedom" is the HUGE topic now a days. Why is it...