John Craven
Smoky Mountain Vacation Rental
Hello BP Members,I hope everyone is staying safe, healthy and sane in these crazy times. I am currently under contract on a vacation rental in the Smoky Mountains (approx. 10 min from Pigeon Forge), with a closing da...
Erin Dorsey Robinson
Fastest Way to Make $1 Million?
If you were advising a new investor starting out, what would you say would be the fastest way to make a million dollars investing in real estate? When I say fast, I don't mean get rich quick. I mean the most direct ro...
Francois G.
Convince Me Why Buying All Cash Is Beneficial
Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
Cory Binsfield
Why I'm not a flipper
The other day I grabbed $40,000 tax free from refinancing a duplex that originally started as an ugly duckling. As I was walking out of the closing on my way to the bank, I couldn't help but wonder how a flipper would...
Calixto Urdiales
HUD & FHA Loan Programs and Grants!
Hello there everyone-
Not too sure if this qualifies as an announcement but I would like to let people know a little bit more about HUD (Housing and Urban Development) and FHA (Federal Housing Administration). HUD do...
Bradley Shuhart
How much negative cash flow is too much
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Felix Goldstein
is wholesaling illegal?
That was really my biggest challange when getting started investing in real estate. i didn't read a lot of the post in the wholesale catagory, but i have not seen one taht address this. When i got started it seemed li...
Sid Franklin
Chicago/Illinois Property Tax Hikes Making Me Jittery About Investing
Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
Mary Jay
Rich don't sell, they leverage
Ive heard many times: "Rich dont sell, they leverage". Than a lot of other people do "Buy low, sell high" sort of thing...What is the benefit of never selling? Lets say you have a 100 year old house that is not in a s...
C.J. Lauria
Finding a Qualified REI Mentor
You have probably observed that your best first investment is in yourself. Even if you have closed a few deals in the past, you must have a mentor who can help take you to the next level in your real estate invest...