Account Closed
Snowball Payoff 10 SFRs in 7.5 years for $110k cash flow - advice
I'm considering a purchase of 10 SFRs in Wichita. I have a few homes there already, and a fantastic property manager that I respect and trust.I've run some preliminary numbers, and it looks like I might be able to cas...
Julie Rogers
Are larger more expensive homes good rentals.
Are larger, more expensive homes hard to rent.I am concerned that anyone that would rent such a nice place could afford to purchase their own nice home, so finding a renter that would stay for a while, might be diffic...
Nadine O.
Where would you move to start building your real estate empire?
Hi BP Family! Where would you recommend living in USA to start house hacking and building a rental property business? The intent is to relocate from a high cost of living area like the Bay Area in California (although...
Barbara G.
DIARY OF OUR FIRST BRRRR IN OUR REAL ESTATE LIFE
Well here we are closing today on our First BRRRR. We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage. This is our 3rd d...
Cody David
25K to Invest Passively & Longterm, Is Turnkey my best bet?
TLDR: Student & Employee looking to passively invest 25K by June 2021 for long term (appreciation focused, cashflow unimportant). Currently heavily considering Turnkey investing. A) Should I consider anything else...
Ned Carey
Rent Skimming - long
Background,
A woman who couldn't afford her payments left Maryland. Her bank started foreclosure and stopped about 1 1/2 years ago. She filled out the paperwork for a deed in lieu of foreclosure and the bank refused...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
Joshua Feit
Why am I running into the WORST wholesalers?
Hey BP! In 2017, so far I have run into about eight wholesalers who were:-Marketing properties they did not have under contract-Daisy-chaining deals 3 and 4 deep-Marking properties up 200 or more percent-Dealing with ...
Gino Barbaro
Are We In A Recession? What Are You Doing To Be Prepared!
Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
Owen Dashner
Poof - 2 years of cashflow on 3 houses gone in one day!
Attention skeptical wannabe landlords who think there is NO WAY rental property expenses run 40-50% of income, or that rent minus PITI = cashflow. This post is for you:I always dread the first few hot days of summer....