Ruben Parra
The great California vs Out-of-State debate
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
Todd Powell
How I Created an Additional $7,000/Mo. Cash Flow in 4 Years!
Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...
Robert DeForge
Have $40,000. Where would you put it for the best return??
So, my wife and I have been have been saving for a while, which isn't really easy. (Two kids, tuition, CA prices..) But we do live a pretty thrifty lifestyle. 2001 ford truck for me and 2010 Pilot for the Mrs. All pa...
John Roberts
Landlord wants to sell us the building we are currently leasing
My wife and I own a restaurant and we lease the building. Our landlord just inherited the building from his dad that just recently passed away and he really doesn't want to be a landlord. We are in a very small rura...
Svetlana Kleinhenz
Cut off life and medical insurance to save money for investing?
We are trying to find the way to reduce our family expenses and start saving for real estate investing. The biggest expense for us is insurance. What do you think, would it be smart to stop spending about $300 per mon...
Erik Haugen
Ethical dilemma around kicking tenants out
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
Gordon Forbes
What do you invest in when everything is over valued?
What do you invest in when all the cyclical investments seem to peak at once?In my humble opinion:Real estate is due for a correction.The stock market is due for a big correction. Every currency is on shaky ground.Pre...
Tracey Robinson
Must do 1031 exchange before July 15th , what to buy ?
Hi, I’m a novice, trying to get into making extra income through real estate though I do have stable employment. Have just sold a condo and must do 1031 exchange by July 15th. Will have 400K as liquid funds from that,...
Kay H.
Could this be a good deal even though it has negative cash flow?
Hi guys. I'm in the process of purchasing a property, but I just realized it has negative cash flow when I factor in the maintenance and vacancies. However, I think one of the main reasons it has negative cash flow is...
Karen M.
What are some options for funding a rehab project?
Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...