I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
While cashflow is key to keep the property safely under control, I seem to find that the larger returns for our portfolio to date come from strategic growth of equity. My wife and I are still fairly small in our inves...
Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...
Hi BP colleaguesI am new to MFR and I am hesitant to venture in Class C/D neighborhouds and buildings for investment. As I have limited capital I have no choice but to look at Class C/D types for investment. I am not ...
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
If you were to make $20K on a real estate transaction would you use it to pay down existing debt such as a car loan or credit card debt, reinvest it into another deal, or a combination of both?
I wholesale deals in the Washington DC, Maryland, Virginia, Market, I enjoy doing deals and helping others get started. Just wondering if anyone is running into roadblocks starting thier wholesaling business. Lets sta...
I have either read on the forum or heard in the podcast that you choose your strategy based on your goal(s).
I.e. Rentals create passive income and wealth in the long run vs. rehabbing which has large payoffs in a sh...
Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.
My goal is to give all of our BP friends a leg up in approaching their next REO...