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Hello BP family,
Virgin multifam buy-and-hold investor here.
I’m trying to buy a 2-4 -unit with conventional financing (already pre qualified) in Allentown, PA. My offers are based on healthy cash flow; min. $150/do...
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1st time buyers. We just got approved for our first home loan. We understand that we need to look at many, many, many properties to educate ourselves on what is a good property and what is not. Our realtor is willing ...
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My property manager is saying an eviction will cost ~$1000 for a lawyer. Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for? Tenant paid last month ~ 20 ...
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I have been working with a real estate agent on a potential flip property. She contacted me today saying the listing agent said that the potential buyer would have to buy the property with cash or conventional financi...
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I was recently referred to LendingOne by a fellow investor and just wanted to share my experience thus far as I feel there's a lot of marketing bait and switch happening with lenders that advertise terms and loan stru...
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Hey everyone I just wanted to have a brief discussion about which is the best way to start out in real estate my goal for the long run is to have several properties and be able to cashflow from them . I would really l...
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I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
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Well, I guess we (collectively) are going to see how smart Robert Kiyosaki is, at least when it comes to predictions. On a news program he makes the bold prediction that real estate & the stock market are going to...
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In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
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The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...