Hady Farag
Home purchase severely under appraised ... Advise?
Hello BP,
First time home buyer here and need some insight/advise on my current situation. I'm currently under contact on a MFH for $650,000 and had an appraisal come back at $475k, approximately $175k under that pri...
Christopher Dowling
What would you do with $500k?
I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
Dan Frehmeyer
Replace roof and HVAC?
I am currently rehabbing my primary at the moment with plans to rent out this fall. I am doing mostly cosmetic fixes to a SFH currently. I am looking for thoughts on whether I should be proactive with replacing a 20yr...
Joel Florek
22 Years Old with 20 Units in 10 Months!
10 months ago I was driving up and down every road in this new town of Iron Mountain MI trying to get a feel for the quality of the neighborhoods and characteristics of the market. I still had a few weeks of college l...
Nat C.
Fourplex crisis
This is the worst property situation I've had to date. I'm overwhelmed and not sure what to do. Any helpful advice would be appreciated. I bought this fourplex in December 2013. On Sunday a tenant reported sewerage ba...
Jason Hartman
Have you had any experience with National Real Estate Insurance Group (NREIG)/Affinity Group Management?
We like the idea that this company caters/markets to investors; however, they denied one of our client's seemingly legit claims and it seems they trying to deny another one on a technicality. The second claim remai...
Patrice Boenzi
Wholesaling - Is It About to Change?
The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things?
Excerpt is taken from the article pos...
Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
Or have you? A woman I recently dated also has a rental portfolio and retired in her 30's. She met a lady in California who told her as you get older you won't want to deal with the hassle of tenants and rentals or PM...
Ericka G.
Use Leverage or Stick with Cash?
If you have cash, should you use it or is it better to use leverage if you can? So far, I've almost exclusively used cash to build our small portfolio. My goal for the year was to fully replace my current after tax ...