Ellie Perlman
Why Do Investors Keep Overpaying On Properties?
Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...
Kelly McClellan
Transition from active to passive investment
Good morning BP members. I am actively seeking to make connections with those who have successfully transitioned from active ownership to more passive real estate investing. I have been on an information bender as I ...
Michael Kotylo
MLS Pricing too high, no room for profit.
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
Gary F.
San Jose ADUs. Experiences to share?
Hello Bay Area BP folks and others. I've been wanting to invest in real estate for awhile. To get started with a low budget I've always thought an in law unit aka ADU, would be a great way to start. My backyard thou...
Breelon Bryant
BRRRR method: Does it decrease cash flow?
Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
Lillian Burke
Housing for Poor People
Recently, I read "Nomadland" about people who are poor or living on minimal social security and trying to get by. Some of my relatives have problems paying for housing and they don't understand how to navigate the sys...
Brian Burke
It's 2018. Whatcha Gonna Do About It?
Every year around this time I see threads on BP asking about your goals for the coming new year. “Put it out there, hold yourself (or each other) accountable” yada yada yada. Those of you that know me well know that...
Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Thuy Pham-Satrappe
Do you buy small MF (2-4 units) for cash flow or appreciation?
I know the unicorn property offers both great cash flow as well as future appreciation, but how often does that actually happen? Other ideals would be low crime rate area as wellLooking at small multi family propertie...
Matt R.
Attn Bper: Bens $1000 a month rule - learn it, love it, leave it?
I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and st...