Andy M.
$52,069 profit on my first "Firehouse"
What's up BP Nation? I flipped my first ever burned out "Firehouse" a few months ago and it turned out pretty well. $52,069 in profit. This story has a few interesting twists and take aways as well. One of my key take...
Brad Kirkwood
Invest in RE or debt payoff
My wife and I most recently bought our first personal house and I've been educating myself on real estate investing ever since. When making a few repairs, we had taken out a personal loan for about 5k @ 9.9%. We cle...
Jared Billman
Dealing With Angry, Homophobic Tenant
I’m seeking advice on how to professionally part ways with a long time tenant of mine. I have a tenant who has lived in our 4 plex for almost 15 years, long before my husband and I purchased it 6 years ago. The past c...
Kim Knaust
Expectations from a GC
Hi,
Can you all tell me what the normal procedures are when you work with a GC?
1) Do you pay something like 1/3 up front, 1/3 half way through and 1/3 when project is finished?
2) Do you get in writing a list of ever...
Joseph Duenas
How Much Debt is Too Much Debt?
I've been real estate investing for about ten years. I've had as many as five mortgages, but never went over $1M in debt. Question for those who own many rental properties, how much debt is too much debt? Is it comm...
Kel S
Which do you prefer? SFH, Duplex, Apt, etc..
Just curious for those that are doing rentals, which is your preference? For me I think for the long term I'd prefer SFH just because I think they would be easier to sell if need be.
What about you?
Geetha R.
Economy shrank at unprecedented rate - Effect on SFR Price
Economy shrank at an unprecedented 32% annualized rate in the second quarter - the fastest pace on record and comparable only to events such as the demobilization following World War II in its severity.
But, single...
Charlene Isoh
Cleveland Ohio amidst COVID
Hey my fellow REI's,First off, I hope everyone is safe,healthy and most importantly staying in positive spirits. I am thinking of purchasing my second rental in Cleveland but given that I'm an out of state investor it...
Ashley Zhang
Need suggestion, should I buy it or walk away?
While I am looking for my first deal, my broker brought this property to my attention. First look at the property, I thought it was a smoking deal, however after walking through the house and meat the renters, I am he...
Natasha Pollock
Looking to purchase a house hack with creative financing in SA
Hi everyone,I recently moved to San Antonio from Southern California to pursue the dream of financial freedom through real estate investing. I had hoped to utilize a low-down owner occupant loan (FHA 203k) in order to...