Perry Rosenbloom
Thoughts on Paying Market Value but Cash Flowing Well
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
Harrison Painter
12 Solid Rules for Real Estate Investing
12 Solid Rules of Real Estate Investing
1. Real estate is a long term investment
2. Cash flow, cash flow, cash flow
3. Do not let your emotions get in the way
...
Jay Hinrichs
For all of you in Hot Markets here is the must have doc.
http://www.cbdanforth.com/docs/35E.pdf I have used this successfully many times in hot markets agents will understand in .. in many markets agents will have never seen it.. and if your the first to use it you will win...
Rick Lin
NPN strategies and execution
Hey everyone,
I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
...
Steve Maye
How do I protect myself from the US Government?
I watch what the other countries are doing to address the government debt and I know that is coming our way. I want to be prepared.
Callapsed stock markets,devalued currency, and higher taxes are just a few thoughts...
Jay Hinrichs
Recession, Market Crash, Bubble ??
Well main stream media is now coming out with comments like."WE are already in a slump in RE new construction is down But real estate is not going to lead a recession.. "so what that will do is boost consumer confid...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Matthew Odou
Where to move and invest if you live in an expensive area?
Hello everyone,
I feel that I’m ready to invest in my first house hacking rental property (2-4 units); I have the $ for a down payment, closing costs, and am going to be using the 203k loan fo...
Thomas Lillevold
Think twice about "Cash for Keys" to rid yourself of bad tenant
Greetings everyone,I have to inject my personal opinion here. I recently went through a bad eviction with a commercial tenant that I inherited with a building I purchased. And all during conversations about this wi...