Michael Keys
My first investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $8,000
This was my first investment and it was bought in cash, 3bed 1bath, 1010sqft
...
Erik Sanders
Mentorship groups/investment clubs for beginners
I have been researching and browsing through bigger pockets and different real estate investment info but haven’t pulled the trigger on anything. I’ll admit the fear of failure and unknown holds me back regardless of...
Jacob Bopst
My First Deal Summary $156,000 Equity with No Money down.
Howdy,
My name is Jacob Bopst. So, it's 2015, I'm this 21 year old punk kid still living at my parents, and I've never done a real estate deal in my life. I just got done reading the book, "Nothing Down for the 2000...
Mark Neiger
Due diligence time frame
What's the typical time frame to conduct due diligence and if I back out what will I lose? I know inspections are on my dime but what about earnest money?
Brian Garrett
Find my own deal or partner with a seasoned investor?
I have spent the past 6 months or so educating myself on REI as much as possible primarily here on BP by listening to countless podcasts, posting tons on the forums, analyzing hypothetical deals, networking with other...
Ben Leybovich
What is Bad Debt?
There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...
Vashist D.
What should you do with the equity from a property
Should I do a cash out refinance right now or wait until later to do it. Interest rates are like 5.3 and I don’t know if it is worth it to cash out for around 40k
Cory Peters
Need money for a deal
I’m looking at doing my first flip. I current own a rental owe 130,000 worth 250,000. Looking to purchase a property for $110,000 rehab and sell $275,000. Need ideas how to acquire funds to purchase and rehab property.
Frank Bavaro
Trouble Finding Cash Flow/Positive ROI!
Hey, everyone. 24 year old new grad Physician Assistant looking to build some serious wealth. I'd love to get my foot in the real estate door via a house hack. I've been seeing a bunch of homes in the 550k-750k range ...
Pavlos Kasselouris
Do you track your NET WORTH?
After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...