Good evening and happy new year,I need input on something that seems too good to be true. I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behi...
Lets say you 1 million dollars. When does it make sense to take that million and buy lets say 2-3 different properties (by taking out loans and having a mortgage) and create rentals which then cover your mortgage but ...
Investors, I am in the process of building my portfolio. I have 2 cashflowing SFHs and I'm working on #3. I watched my sister build a portfolio beginning with a single house hack in 1994. She added 1 or 2 additiona...
Hello,I want to do a Facebook campaign to find buyers/seller leads for my real estate wholesaling business.I already tried Lead campaign without a luck.For those of you who did it successfuly, can you please share wha...
What's your motivation in being a part of the real estate business?
The CARES act ends on June 21, 2021. Federally backed loans (FHA, VA) will resume payments and I’m sure many borrowers will default. Are we on the precipice of serious opportunity? Short sales, foreclosures? What stra...
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Is there a such thing as good debt?If I have to categorize debt, I would say the debt I am paying for, it's bad debt. A debt someone else is paying for, it's good debt.Which means, if I have a mortgage on my house and...