Sherwin Vargas
analyzing home is it worth it?
This may make no sense but I will try my bestmy father is in the process of taking over a home of a friend who has missed a ton of payments and let the house go to shit. the reason my father is taking over the home is...
Joe Abramovich
How do you determine what makes a deal a good one?
GM BP Fam, I'd love to hear some insight on what your key indicators are for evaluating a deal(s)? What is the deal breaker?
Hope Everyone has a great Wednesday!
- Joe
Joe Black
Tenants Moved out and Damages in the property
Hello, the tenants of one of my condo property were served with (3) days for not paying rent and they moved out; however, they damaged the walls (holes), doors (cracks), broker shower handle, etc. Both tenants are on...
Vicki Luchini
LLC
We have a LLC since 2008. Bought a house, rehabbed it tried selling it, but wasn't able to. Currently have renters for past few years. We are not making any money and would love to get rid of it ( landlording not for ...
Jacklin Khalsa
Unsure of how to scale up
Hello Fellow Investors, Looking for advice on how to make my next investment happen. I have a duplex (2/1) in St. Louis, MO that I purchased just two years ago. The financing is at 9% with a balance of $45k. I'd like ...
Alex K.
rental on 10 year note doesn't cashflow, is it ok?
I signed the purchase agreement before finding this site, so the deal is done, but please help me analyze anyway. The property doesn't cashflow but that's because it is a 10 year note at 8% (seller carry).
I am buyi...
Eric Skyta
Owner Financing in San Francisco
Hello all I have a unique situation that I am hoping some people would be able to weigh in on. I am moving into a studio apartment in San Francisco. The neighborhood is Nob Hill which is one of the most expensive and ...
Matthew Chalfant
What should I do with Pre-tax profit?
I have a duplex that I am house hacking and just got the other side filled. I have received the first rent check from my PM after their management fee. It is $850. I do not yet have an LLC set up for the property and ...
Brian Egr
The flip that was an education
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $68,500
Cash invested: $60,000
Sale price: $143,000
This flip went terrible. I spend way to much money on it a...
Jacob Sanders
Should I use my 401(k) for a down payment?
I'm still new here, so I apologize if there is a better forum for this post.I am wondering if it would be worth it to use money from my 401(k) as a down payment on an investment property (a flip preferably). What are ...