Alex Kehaya
Why not low ball when you know the seller is motivated?
I've done a few BRRR investments and my strategy is to buy at 75% of the AVR including closing costs and repairs. I'm looking at a deal where the seller is motivated due to a 1031 exchange. I told my agent I wanted to...
Account Closed
Seller went behind my back and sold the property.
Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
Rj J.
Dave Ramsey Philosophy + Buy & Hold Strategy = ........Reality???
Hey BP'ers,I'm a huge fan of Dave Ramsey and his philosophy of being debt free yet I also have goals of owning rental property and cashflowing $10,000/month from rentals.I would love to create a strategy of buying ren...
Denny Moody
Affordable Investment properties Buy & Hold near San Diego, CA
Hi all,
I'm just starting to dive into all the great info here and I would like to start looking for properties to buy and hold for cash flow.
I live in San Diego, CA and from what I can tell, it seems ...
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...
David Chwaszczewski
Setting up a eQRP vs. SDIRA
Has anyone done an eQRP? I am looking into the company Total Control Financial, but wanted to see if anyone has setup up one with the company before. Seems like it may be better control of your money then SDIRA and ...
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
Just thought I'd share a story for any others out there considering buying a multi-family out-of-state, sight-unseen, from another BP member who markets and manages properties.I found a deal on the BP Marketplace in t...
Matthew Irish-Jones
Why push the BRRRR so hard
I feel like someone needs to push back on the BRRRR strategy a bit. Disclaimer: I use the BRRRR strategy and it is a very powerful investing tool that can create great returns.
With that being said, I lost a lot ...
Laith Ali
can you come up with $400 in an emergency
Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
Will Barnard
Cash Flow vs. Appreciation
Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...