Dear BP,I'm attending my first REIA event today and it seems like a scam. I'm a bit skeptical when they are throwing stories of $$$ left and right. Any thoughts?
Within the past 2 weeks I got 2 capital calls from different sponsors, I'm assuming that there are many deals in similar situations.The sponsors are saying, If they have enough capital to bring occupancy to 90% they w...
Are you still putting your money away in a retirement account?
Are you maxing it out?
Are you getting the bare minimum employer match?
Or are you parking all your money in a liquid account to be ready for the next ...
Just thought I would provide an account of my journey since I started investing in US property market in 2011 and more recently Detroit. Perhaps this can provide some inspiration/feedback for any wannabe foreign inves...
I have probably a dumb question, so bear with me!I've seen the $100/door evaluation criteria discussed, and cashflow also discussed. I've listened to a few podcasts where people are discussing cashflow with regards to...
I am sure many of you will disagree with me, but I am seeing a lot of posts talk about “today’s high interest rates”I believe there are many of us who view today’s rates to be more of the norm versus the outlier.If yo...
I just finished reading Christine Karpinski's book 'How to Rent Vacation Properties by Owner' . The slant of it was that if you manage yourself and use portals like Airbnb, vrbo, etc. you can break even or even get po...
Not my first post about buying out of state but I am perplexed. Why all the hate towards “turn key”? To be more direct, if it meets the bigger pockets guidelines/numbers, what’s the problem?And if you can resist, thi...
Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...