Michael Meroney
Newbie from Overland Park, KS
Hello, my name is mike and I am with a national default outsourcer handling loss mit, collections, foreclosure, REO, etc on a national level for a variety of lenders. I stumbled upon this site, and I guess I am inter...
Thomas I.
Is it better to shoot first and ask questions later? What is your close rate on properties under contract?
Do you guys get a house under contract if there is even the slightest possibility of a deal?What are your stats on deals under contract that don't result in closings? What should your close rate be? Just now saw anoth...
Eric DeVito
Which to focus on CoC or Cap Rate?
Hello all, just curious. Which should I be focusing more on CoC or CAP? Perhaps both? Also what numbers or percentage do you other investors like to see in your returns?
Stone Bettersworth
Lessons learned from first deal
For members who have done their first deal, whether a flip or a rental, in the past couple years: what were some of the biggest unforeseen challenges you faced? What were the biggest lessons you learned that you will ...
Anthony Z.
Can real-estate deductions be applied to W4 income?
When listening to the BP podcasts I often hear about different tax benefits such as:Itemized deductions related to acquiring/managing propertiesHome depreciation tax write offDo these things lower the tax bracket of t...
Tyson Scheutze
The Price of Property Management
In this week’s post, I am turning it over to Brent Voepel.I got into a conversation recently with people in the industry about the price of property management. In this discussion, we all agreed that for one property ...
Scott Rogers
Furnace Eyesore in Rental
Hello all,
My property management company is having some trouble renting out one of the units in my recently acquired duplex (It doesn't help that it is the dead of winter in Wisconsin, lesson learned). Another of t...
Joe Lee
OOS investing -- cities with appreciation & low real estate taxes
Hello! I would like to get into my first real estate investment and have been doing some research. It seems finding cash flow deals is slim-to-none, unless I'm looking at war zone areas where entry price is low but re...
Account Closed
Looking to start investing in North Miami / Aventura area
I’m new to REI currently looking to acquire multifamily properties in the North Miami Beach, Aventura, and Hollywood areas that meet the following criteria:
Price per Unit: Maximum $250,000 (4 PLEX MAX 1M)
Cap Rate:...
James H.
Dallas Housing Authority Timeframe
Hello Everyone,At a meetup group about a year ago, the speaker mentioned that Dallas Housing Authority is slow about inspecting homes for Section 8 applicants.It is a slow time of year and we agreed to accept an appli...