Pamela V.
Price of entry too high?
Hi, everyone. My husband and I have been saving for almost a year to invest in our first rental. To me, STR is the only thing that makes sense for us, as we are 40 with 2 kids, and looking for the highest cash flow po...
Don Konipol
Why I Believe Striving to Build Passive Income is Overrated
Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be...
Eddy Dumire
Diary of a PIG -- Fredericksburg, VA -- SFH
In a nod to Ben Leybovich, I bought a PIG. I'm going to tell everyone how things work out for me on this thread.The deal:2/1 house in Fredericksburg, VA. It's a very small 725 single story all brick on a crawlspace ...
Michael Clevenger
Appraisal fell short
Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
Mindy Jensen
I Want to Know: Where Do You Shop?
Most investors need supplies of some sort. (I shop at Home Depot because I can literally see it from my front yard.)But unfortunately, Home Depot doesn't carry everything.Where do you shop? What dumpster company are y...
Account Closed
$20k saved & 810 Credit Score but I live in LA-what would you do?
Hi everyone! I'm brand new to both the site and the concept of Real Estate Investing, so apologies if this is awkward in any way, but I wanted a little starting out advice for my specific situation, and everyone seems...
James H.
203k deal is going very poorly, advice?
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
Donald S.
A successful (barely) first flip!
So I just finished doing all the calculations for this flip. Man it was a beast. Almost 10 months from close to close and a huge project for a first time flipper.So here's what I got:I had a call from a direct mail ca...
Account Closed
Turnkey - Why Flip to Investors?
At a recent investor club meeting, a group of investors raised the question - why do Turnkey Companies "flip" their properties primarily to investors as opposed to owner occupants? One person responded, "because the m...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...