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The purpose of this post is to provide hope to those trying to make it in a high priced market such as Hawaii, California, New York, etc.My wife and I made $600,000 doing live-in flips in Honolulu. It took us 11 year...
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I'm so excited to FINALLY be able to share the news about our first deal, a BRRRR! I've been (im)patiently awaiting this day, seeing as the project took a BIT longer than we had planned. Here's our story--my husb...
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What is a cap rate? Why do I want to know it? How do I determine it? What is a good one?
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Hey all, what would you recommend doing with a STR property that's just barely breaking even after all expenses? It's a 3 BR old bungalow in Tampa that I'm renting out on Airbnb. My prop management is handling everyth...
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Real estate investors ❗🫵🏘️🏠🏞️WHY❓..... are you relying on banks for funding your deals when whole life insurance offers the same function but with (many) MORE benefits, both short and long term? 🤔💡**Access to Cash Val...
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I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
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I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
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Hea BP Forums!I have found myself in a bit of a pickle.My wife and I have a property under contract for 345k with 20k in seller credits at closing, funded with a FHA loan. We passed inspection with only some minor pai...
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This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth
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Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...