Scott K.
What's more economical: multifamily vs. single family + outside rental
My family and I have owned a 2-family home since 2016 where we've always rented the 2nd unit. It's been very helpful with our mortgage payment.We're looking to move, and I'd love to find a similar multifamily property...
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
My wife and I have owned a single family rental house in Indianapolis for 1 year and are trying to decide between an LLC versus a personal umbrella policy. We currently live in CA, but are moving to Illinois in the co...
Chris Weiler
UBIT, Roth IRA and a private loan
Let’s assume I would like to purchase 200K in properties using my Roth IRA for 10% down and a private investor for the rest. These are high cash flowing properties. Assuming I have the properties in a self-directed R...
Mike Boss
Should I get a real estate license?
I currently work as a self employed business owner and have made over $100k for the past two years. I found a niche that has worked so far, however I don’t think it’s something sustainable or will last forever. I have...
Mary R.
How low can I go?
What are banks accepting now vs list price? I plan to offer on an reo sfd that is being auctioned. Is an offer of 65 or 70% of mls price likely to be accepted, assuming I'm not outbid?
This is a house that they've be...
Page Huyette
Must I use an originator for a private seller deal?
I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...
Jason Schmidt
I just learned about Return On Equity (ROE) - now a question
After reading "The Millionaire Real Estate Investor" the author was illustrating how the longer you have your property, the lower your % Return on Equity ((annual price appreciation + annual debt pay down + annual cas...
Lori Greene
Is Zillow Zestimate Accurate? What's your opinion?
I have my own opinions about Zillow's accuracy for valuing property. But I want to know yours. It's one of the most visited sites online and so many people trust their values because it's strong brand online.If you us...
Matthew Swearingen
Memphis Cash Flow Doesn't Seem to Be That Great! So Why Memphis?
So I'm still doing my research on some properties in Memphis and I'm not seeing the cash flow return unless I'm missing something.Have a few homes in the $60K to $70K range. After I put in all the numbers for a home t...
Sara Conner
Deal Analysis Help
Hi everyone,I am brand new to all of this. Currently in the information gathering stage. I'm looking at properties with Rent to Retirement. The numbers on their properties look good. But when I check them against the ...