Max Balesteri
Advise for starting an out of state buy and hold investing portfolio
Hello everyone,I recently found and signed up for this great site. So far I've been reading a lot of posts and figured it's time for me to get involved a little more.I recently started my research for putting together...
Rachel Pivonka
Tampons causing drain blockage
I need some advice. Do I foot the bill? Do I bill tenant for the cost or half the cost? Here is what happened...I send out a 24/7 plumber on from a large reputable company on Friday after tenant calls. I reminded my t...
Lisa Smith
Is it better to use 500k to buy houses all cash or leverage it to buy more expensive homes?
Hi, I am have some experience investing but not full time by any means. I was wondering if anyone had some advice regarding the following. As an example if someone has say 500k to invest (lets say in the Phoenix are...
Chris Ruud
50% rule seems high?
I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...
Gaston Barua
8k/ month to quit my job?
Hello BP,I am beginning the process for the purchase of my first Multi family investment to kick off my goal of reaching 8k in cash flow/ month. I have calculated that at $250 Net Cash flow / unit I will need 32 units...
Jonathan Weinberger
Today I fired the Own It Detroit team after spending over $800k with them.
So this may be a long post, but I want this to help others who are exploring out of state investing in a new territory like Detroit. I've been in investing in Detroit since early 2023. I started my investing journey i...
Marcus Auerbach
What do you see happening in the next 5 years?
Reading Ray Dalio's book makes me contemplate some more about where real estate is heading. Looking back at the last 15 years everything seems so predictable. New housing starts grew year over year and well exceeded l...
Alex Silang
Starting a turnkey provider
Has anyone done this? Any advice?I was thinking about doing it in a nearby city. BUT - I wouldn't feel "right" marking up my product so much that it wouldn't be passing appraisal (which happens a lot with memphis inve...
Roland Rasos
Houston flip ROI question!
I have a few clients that I'm helping out and maybe some Houston area flippers can help out a little.They're all looking in the 60k-120k range and I'm finding flips with around 16-21% returns (I'm subtracting 10% of t...
Josh Foret
Why is Grant Cardone so opposed to single-family homes?
In BP Podcast 108 Grant Cardone says to "stay away from single-family homes." Why is he so opposed to investing in single-family homes?