Jennifer Davila
Home Partners of America f/k/a Hyperion Homes Not a good Program
Hello All,This is my first time on a forum, but I am so frustrated with my situation with Home Partners that I felt it necessary to write. I have been renting with them for about a month and the process to get anythi...
Nick Romano
LOW Cap Rate but GOOD cash flow...Should I BUY it??
Hey guys- SHOULD I BUY THIS PROPERTY?? Thanks so much for the input.I have a property that is an ideal area. Rents are going up and rental market is super hot. Currently rent is well below market. Cash flow looks pr...
Bryan Normal
Is this Hard Money Lender a scam or not?
First time vetting hard money lenders for a flip I have under contract but not closed yet. One potential lender has attractive terms (8%, 2 points, 100% financed, no prepay penalty), but on the phone he has very spott...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
Jamie K.
Sell my new rental for a 30k profit or keep renting??
Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
Miles Stanley
Does replacing electrical/rewiring improve home value?
Any thoughts?
My electrician is recommending that we rewire the entire house bc the existing wiring is copper but does not have a ground (built in 1968). We plan to BRRRR this one. He says it would improve home res...
Brian Garrett
What size multifamily can you buy for $1MM in your market?
What size multifamily building does a $1MM purchase price get in your market for a true C/B Class area? Here in Palm Beach County, Florida the most you can get is a 5-8 unit building for that price point. Somewhere in...
Thea Linkfield
We made $35k on our first flip!! (But it took 12 months)
Hey BP! We finally closed on our first flip on Friday and I now feel like I can post about it! After being under contract 4 different times, I feel numb to the whole selling process and it hasn't actually hit me that ...
Brendan M.
My First Deal: How I Got Paid $4.8k at Closing AND Increased My Cash Flow $1200 a Month for 0% Down
I’m writing this post for all the newbies (especially military) out there who have yet to complete their first deal so they can hopefully see that getting a decent deal on their first purchase is actually achievable. ...
Katrina P.
Problems with tenant BEFORE she moves in...HELP!!!!!
Hubby and I have multiple units out of state in Michigan. What that said, we have contractors doing the work for us, and overseeing things, while they communicate with us. I just had someone sign a lease on Monday, ...