Ethan Gidcumb
When housing prices will stabilize
Hey! I was listening to a podcast and read an article released by ATTOM and wanted some feedback from other investors. According to ATTOM's Q2 2023 U.S. Home Sales Report, profit margins on, "median-priced single-fami...
Account Closed
Issues with General Contractor - I want to hear your opinion!
Hello friends! Bit of a long read but I REALLY want to hear everyone's opinion on this and help manage expectations here. I worry I may be a bit harsh on this but I don't want to continue being so lenient either..TL;D...
Andrea Castor
2nd BRRRR deal...am I on the right path?
Our offer got accepted on a short sale! I'm pretty excited because this is a condo complex I've wanted a rental in for years. Purchase price: $65kRehab $15k (nothing upfront but a good clean) but eventually will rehab...
Jeff Kehl
5.6 million cheap apartments - not for long
I just read this article on Bloomberg and wondered what others thought about it:http://www.bloomberg.com/news/articles/2016-10-31/there-are-5-6-million-cheap-apartments-in-america-not-for-longAll the rage in rei these...
John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
Tiffany Shan
Co-buying vacation rental property to combine usage/rental
I met a pair of friends this week who had an interesting arrangement that worked for them, and I'm curious if anyone else has contemplated this or come across it. Friend A was older, wealthier, and wanted a vacation h...
Powell Chee
Turnkey & recommended cash reserves
Hello BP,I have a question. I am interested in purchasing a turnkey rental out of my market and I'm looking at providers in cashflowing markets. I wanted to know how much in a cash reserve is recommended on these ty...
Patrick Hensley
Is this plan a good one?
I am currently in a situation where I could do this and wanted to see if there are any flaws or if its a terrible idea.I am looking to buy a fix and flip property. It will be my first and I will require investors. I a...
Jefferson Mondragon
Is Real Estate a good investment in times like these?
Hey y'all, these past couple months have been really crazy, with inflation being so high, the Canadian bank is likely to mimic the U.S 75 basis point rate hike, meaning that mortgage rates will probably go up and home...
Valerie Young
Buying a 4 plex
Yesterday I looked at a 4 plex (first time looking at a 4 plex ever!), which currently has all units rented out. The property is in overall good shape. It has a new roof which was put on a few months ago, a brick ex...