Tom Suvansri
Investing outside of hometown
I'm just starting out and exploring small multi-families in my hometown and adjacent towns as I'd like to stay close for my first property. Unfortunately, I'm having difficulty finding anything that would actually ca...
Account Closed
First REI deal looked promising but rehab costs keep growing
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
Marisa JManker
House Not Selling
Hi there Everybody It’s been a long time since I’ve been on here hopefully I can get some good Advice I would really appreciate it. I started my first Flip and long story short It is finally finished after so many mon...
Jason Clark
Looking for Advice: Single Guy Loaded with Equity
Hi Everybody, I'm looking for some ideas/advice and wondering "what would you do" if you were in my position. This is for fun but I'm seriously looking at hitting the reset button for the next chapter of my life and I...
Michael Evans
Pre-Construction Flips
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
Cara B.
If you had unlimited funds, and lived in Los Angeles, what would you invest in?
Hi there, I am a new real estate investor, living in Los Angeles, with access to the capital needed to build a real estate business. What would you do if you were in my shoes and just starting out?
I am most interest...
Colby Miles
Properties that dont cash flow
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...
Cody Barrett
Why I filed for a LLC. Only own 1 property too.
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
Matt Pieper
Hubzu bidding strategies
I have my sights set on a Hubzu listed property. They started the bid at 208k and with no other bidders, I bid to 210k at the last minute. The reserve had not been met, and they Emailed the following day with a coun...
Vivian Huang
Investing in Tulum, Mexico
Hi All,I am currently exploring investing/buying a unit in Tulum, Mexico. Any advice or things to look out for would be greatly appreciated! I will likely buy with cash and not hold a mortgage. If you have invested in...