Deepti Mandava
200k liquid- multi family or commercial property
Hi all, I am new to this space and although I have been passively exploring RE to improve my knowledge I haven’t invested yet and need some direction. I have 200-250k in liquid and I want to put that money to work. My...
Account Closed
Quitclaim in order to keep sale history at market value
Can an investor somehow pay the owner of a depressed property a fee to have them quitclaim the property over to them in an effort to keep the sales history at market value and to not negatively impact the value of com...
Toyin Dawodu
What is the secret to becoming successful investor, a three day seminar or a mentor?
The other day, I was thinking out loud to myself. The question on my mind was, how many people who read Donald Trump's books on Real Estate are now building skyscrapers? The answer is probably, zero. One thing I do k...
Frank C.
question about retirement income and leverage
I have been diligently reading BP recommended books, blog posts, and listening to podcasts (45 so far) to further educate myself about real estate investing. I am very impressed with the BP website and community. I ...
Ali Hashemi
Best way to use 401k to finance a property
I own a fully leased 8 unit multi-family and am looking to purchase a 12+ multi-family in 2018. I estimate in my geography I can find what I'm looking for for around $750,000 or less.My bank is hard and fast on requir...
Hector Serna
Just canceled my 3rd deal… time to start over
Hey guys,So I recently got out of my 3rd deal in Cicero, IL (Chicago Land Area). I’ve gone through the process 3 times (Offer accepted, appraisal, inspection) and for some reason something always needs to come up. So ...
Travis Glenn
First Deal! Potential Foundation Problem. HELP!
Hello All, So 4 days ago I as able to get my first real estate deal under contract in Spring, TX! I'm super exited to finally be taking that fist step into the world of real estate investing and was initially very opt...
Matthew Gentile
How do the numbers make sense?
As an agent, I have been seeing insane numbers being offered on properties where there is no way the rents can possibly make sense.I'm curious how people are spending so much on multi-family properties, especially in ...
Joe Pitrolo
Advice for Double Wide Flip
I just purchased a 4 bed 2 bath 2004 Mobile Home on 1 acre with a Septic system and permanent foundation. It had a 100k mortgage at one time. I am expecting to have around 25 to 30k in it and probably try to flip or...
Matthew Johnson
Globetrotting Rookie Investors
Hello BP community,
Matt here. My wife Krista and I grew up and went to college in Chicago. We decided a few months ago that we needed to start investing in something. She said she would look at stocks, and I...