Hello BP Community!As always I have been soaking up the podcast from BP every chance I get and an interesting question always comes up. It's an easy question but also missed by people starting out. That question is Wh...
Hello all! So just a brief background on my position in real estate I've been doing 2 years of paralysis of analysis in understanding the ins and outs of wholesaling. In doing so, I've been to local real estate meetin...
Let me start with a little background on why I am posting this as it strikes me as a bit of a random post to just throw out there. The weekend of the 9th through the 11th I had to drive from Corpus Christi, Tx. to Cla...
Hello everyone! I am a Realtor and new investor in the Savannah, GA area looking for advice. Here's a brief rundown of my situation:I have owned/lived in my home for almost 5 years. I have a 3.25% interest rate and my...
In the past week I've looked at 10 MLS properties.
5 of those had illegal additions.
I'm not talking about an extra little balcony either. What was originally a single family house has had double the square footage ad...
I came up with a new way to quickly evaluate if a deal will cashflow.I call it the 10% Rule: if annual gross revenue is at least 10% of the financed amount (after putting 25% down) then it’ll most likely cashflow.For ...
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
AND imagine the real estate is NOT cash flow positive. Consider the ‘negative cash flow’ as simply additional reinvestment…just like the S&P.
I am all about building cash flow over time through real estate. Howev...
Hey I currently own a portfolio including SFR and condos. I am thinking to do a cash out refinance on my existing rental properties ( both free a d clear and and properties with existing mortgage ) use the money as a ...