Kevin Humphreys
REITs v. Direct investing in real estate
My question is pretty basic. What are the main reasons why investing directly in real estate is a better idea than just investing in REITs.My understanding is that the rate of return on REITs is generally higher than...
Benjamin Sussman
Should I sell my property and use proceeds to buy in a better area?
Hey BP Community!I currently have a 5 unit in the Back of the Yards neighborhood that produces $2,000 a month in cash flow. I think I could sell it for about $350k and get net proceeds from the sale of about $148k. I ...
Kevin Douglas
Advice needed on current investment path forward
I completed a successful BRRRR a little over a year ago. I have some cash and I'm trying to decide if I should pay off the mortgage and enjoy the extra cashflow or if I should keep the cash I have in bonds. Obviously,...
Alex Zweydoff
Exploring Additional Services That Could Be Offered by Property Managers
As a professional property manager myself, I understand the essential tasks that investors are looking for from their property manager, like rent collection, maintenance, and tenant screening. However, the role of a p...
Michael Arreola
Seller owes more than accepted offer
I recently retracted an offer I made on a house due to the seller delaying close for an unreasonable amount of time. His reason was actually legit but I felt I needed to move on to something a little more promising...
Account Closed
Buying a Quit Claim Title property
Hi everyone
I recently found someone who wants to sell a house but they won't offer a warranty deed. They only offer a quit claim deed.
What would be the risk of me buying a property like that?
From what info I fo...
Account Closed
auction.com Quit Claim Deed vs Special Warranty Deed
I'm looking at a couple of properties on auction.com.
Here is what I know about a quit claim deed... you have ownership of the property but are liable for any liens or mortgages outstanding on the property.
...
Clément Gryp
Foreign (European) Investment in the USA
Hi all, I'm a Belgian Real Estate Broker working for Cushman & Wakefield (Belgium) and I am absorbing as much knowledge as I can about investing. I am comparing opportunities in my home country with opportunities ...
Russell Pitts
No title insurance for wholesale deal
I'm looking at a deal where the wholesaler is saying he cannot guarantee a clean title. Apparently he purchased at a tax sale. How would one proceed with a deal like this with the risk that the title is not clean? I a...
Haley Varner
Financing options for 14-unit in Marietta, GA
Hi - I'm looking to make an offer on a 14-unit in downtown Marietta, GA. Proforma is as follows. At $575k, returns using the below are 17% Levered IRR (assume 80% LTV, 4.5% 360), 12% cash on cash, 1.33% rent to pric...