Dan Frehmeyer
Replace roof and HVAC?
I am currently rehabbing my primary at the moment with plans to rent out this fall. I am doing mostly cosmetic fixes to a SFH currently. I am looking for thoughts on whether I should be proactive with replacing a 20yr...
Christopher Dowling
What would you do with $500k?
I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
Jake Carter
My Short Sale Experience with WaMu/Ocwen
Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...
Account Closed
Why do investors opt to rent instead of flip?
Hi all,I have watched countless videos on real estate investing. Some investors are all about buying “doors” to rent. Then there are the flippers and developers. Please help me understand why, besides getting monthly ...
Robert Quiroz
Buying with cash vs financing
Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income. I've decided to go the financing route to protect the value of that $1M against i...
Rebekah Keller
Would you invest $50,000 in Detroit ?
I know this has has been asked many times with various amounts....I am curious what Detroit investors would say.. I have a few directions that I am considering...But what would you successful, seasoned, experienced De...
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
Hi Everyone!
I recently started with a new company that is paying for my housing, vehicle, and fuel. This has freed up my income substantially from where I was working previously. Looking for thoughts and suggestions...
Jered Sturm
$1,000,000 net worth at 25 years old.
My goal in writing this forum is to motivate other young people to work hard, take action, and take risk. To show them that you don't have to be exceptionally smart, or have tons of money.For a long time I didn't like...
John Jackson
Was this mortgage fraud?
A person owns a home in Washington, DC and has a mortgage on it. They relocate to Massachusetts. One month later, they refinance the DC home and get a new mortgage, claiming the DC property is still their primary re...
Tyler Garza
Shoot Down My Beginner Strategy
Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...