Adam Sporinsky
How do people here define over leveraged?
In many of the BP podcasts, articles, and blogs, the idea comes up frequently that people who really have major issues during donwturns or in RE investing in general are people who buy wrong (pretty clear I think), or...
Craig Moore
Is this a realistic 7-8 year goal as a REI?
Hi BP,I'm a new REI (with a focus on buy-and-hold investing) and I'm wondering if this map plan that I have for my future is tangible for: 1) quitting my job BY 30. 2) Living financially stable.My plan is to buy 1 mul...
Mike Franco
$1m equity, excellent credit, no income. What loans can I get?
I have a $1m house paid off. 830 FICO.
If I cash out refi, I can easily get a loan for $300k to buy a fixer.
After spending $50k out of pocket to repair, ARV is $500k. I want to further leverage the increased equity...
Alex Silang
I hate my job and want to quit ASAP. How fast can I acquire properties as a newbie?
I hate my job and want to quit ASAP. I'd like to leave next year after bonuses (Feb 2015). I am going to be a buy and hold investor using a management company. I have a nice pile of cash saved up to invest.
I...
Alyssa Baron
What is a Cap Rate and why is it so important?
HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...
Kyle H.
Virtually NO Maintenance Reserves Needed for Property Analysis!
Hello everyone - I am starting this topic because I am curious to know 2 things:1) Is there anyone out there doing this with success?2) What your thoughts are around this subject, in general.My uncle owns (outright)...
Joshua D.
Credit Cards? GOOD OR BAD?
How many of you out there use a Credit card for your investing BIZ or personal life? My wife and I don't use them because of the Dave Ramsey movement, but now that we are doing well with money I might consider it? wh...
Amery Castaneda
FHA or 20% as down payment? STRs & LTRs?
Hello everyone!
I have 0 properties yet and I'm at my starting point. Any advice is great advice and I appreciate it. I'm debating whether I want to do long term rental of multifamily or short term rentals for airbnb...
Anessa Salinas
Help a newbie determine where to start!
Hi everyone!My husband and I are really wanting to change our careers and get into real estate/investing. More so on the investing side. We go to real estate workshops over and over again and are always offered help a...
Account Closed
guru courses,
Hi everyone, I"m a newbie , thinking about joining Ron Legran"s mentoring program or Larry Goin"s has anyone taken these programs and are they recommended? any insight is greatly appreciated, thanks, Ezra