Matt Longfellow
First Time Duplex Investor & Cash Flow
Hey all! I'm looking to invest in my first duplex in Columbus, OH and am currently going through the pre-approval process to see what I'll qualify for. That said, my initial thought was to purchase a duplex as an owne...
Wesley Wells
Researching A New Market
Hi BP community,First I would like to admit that my idea of picking a market for apartment investing was all over the place and I didn't really have a criteria defined to select a market. After listening to some real ...
Greg Gaudet
Memphis - buy renovated home for 65K or original home for $30k?
Hi All,Like many others, I have been doing research preparing to begin my first REI with a SFH in Memphis, TN (because properties here on Maui are too expensive for regular guys with regular salaries like me!) I've b...
Jeff G.
Estimating Income Taxes on cahs flow
Why are income taxes never incorporated into cash flow calculations? I am on track to have 6K positive cash flow in my first year for a house I bought this January. I however don't have the slightest idea how much o...
Travis Gainey
Using a HELOC to BURRR
First time investor. Looking into using the equity in my primary home to purchase a rental to use the burrr method on. Is this a smart financial decision? Will I be able to get a bank to cash out refinance being new t...
Selina Giarla
Dipping toes into commercial multi-family - how does lending work?
I have two 3-family homes and 1 duplex, none of which trigger the commercial loan requirement. I am interested in going bigger - anywhere from 5-12 units, and anywhere from one building or multiple homes. I understand...
Alicia Marks
What is Most Important When Choosing a Real Estate Agent?
Welcome to our question of the week! We want to help you build your team so you can be efficient. Today we are talking about agents. What is the most important factor for you when choosing an agent? What are your deal...
Account Closed
Buy SFH/MFH in Colorado, or look out of state?
This is my first post, finally! I'm very impressed by this community and look forward to connecting with people. The information is overwhelming so I'm hoping for some early guidance. I would like to start my investme...
N/A N/A
Am I doing this right ?
Am I doing this right ?
I don't think this deal would be worth it ? Do you ? Am I missing anything here ? opinions welcome ...
Asking price $310,000
Bought 285,000 ( 8% less, 310,000 - 285,000 / 310,000 = 0.08% )
...
Eli Alfaro
Starting on foreclosures
I'm interested in investing in rentals and flipping houses but I first wanted to do my homework on the subject. When looking at foreclosures how do you figure out what kind of a profit you can get on the house your bu...