Michael Pitsos
Negative Cash Flow — still rent it?
Hi I have a unique situation on my hands. I have the opportunity to buy another home in the same communiting area with a VA Loan with 0% down. The current home I live in carries a 15 year mortgage that runs $1550 per ...
John Rooster
Who do you think will win: Zillow, Trulia, or ????
It is my belief that in the next few years a nationwide multipurpose real estate website will evolve to become a major player in real estate sales. At first augmenting, but eventually displacing local Multiple List...
Dan K.
Cash Flow vs. Equity Growth: What's more important?
I've invested in both Cash flow markets and equity returns markets for the last 15 years. The cash flow markets were in Kansas and Texas. The equity markets were in California. While the cash flow markets (Texas and...
Account Closed
For The Love of Pete Don't Syndicate your First Deal!
There has been a lot of activity in the forums about newbies syndicating real estate. I feel like someone needs to be a voice of reason here. Look, I get it. The allure of doing big deals and taking big fees for buyin...
Alexis S.
Is it my issue or my agents?
So I’m brand new to this and looking for my first deal. I found a foreclosure for 40k that needed quite a bit of work but the comps were around 200k. I asked my agent to take a look (I’m out of state) and he said he w...
Zachary Freeman
Cash out Refi and wait
Hi I am looking for opinions on the following strategy. I have a 4 unit property in LA area worth about $1mil with $500k equity. It nets $1500/month after debt service. I am considering pulling $200k out for investmen...
Dustin Mathenia
Bitcoin I know it's not real estate but we must discuss
I don't know everything about bitcoin or crypto currencies but I have been keeping an eye on it over that last few years. I was first informed about bitcoin in 2013 when it hit 1000$ a coin I did a lot of studying fig...
Rich Weese
College football weekly update
OK- Everyone knows I root for the underdog (namely non BCS teams) and my heart belongs to BYU. Good weekend.
BYU holds Univ Wash and Heisman candidate Jake Locker to 17 points and zero in 2nd half. This is with a...
Steve Vaughan
Steve's 5,000th post!
Was surprised to get notice of my 5,000th post this morning from BP! Are you telling me that I've been arguing, advising, sharing and yacking to the tune of 5,000 times already? I haven't seen a milestone post thread...
Sergio P Ramos
New development pitch.
What are some key points when making a pitch to a potential investor on a new land development?. Have you ever had a property literally fall into your lap too good to be true??. This is my current situation. I reitera...