John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Ben Roberts
What would you do with $1,000?
Background...I'm in Memphis Tennessee and I've done a fair amount of research, enough to know that I need to jump in already. I have a little knowledge of my market and a little knowledge of real estate. I have a de...
Levi Gale
Who does not use the 50% rule?
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Rex Celle
Do you track your net worth?
How many of you track your net worth as RE investors. If so, please share with the BP community your approach and what you include under assets and liabilities.
Nicole S.
Borrow equity to avoid capital gains tax?
Good Morning BP, I've been searching the forums in hopes of my answer but no luck, yet. This is my loose understanding: I was told by some investors this weekend I could borrow the equity in my investment property to ...
Shane Short
Am I doing something wrong? Finding deals seems too easy...
Hi everyone,My name is Shane, I'm not necessarily new to the investing world as I've been lurking and educating for years now, but I am yet to make the leap of buying a first investment property. However, I think I'm ...
David C.
Do Multifamily Leaders truly own the reported units they tout?
This may sound like an odd question, but so many times we hear that (insert name) has gotten up to 1100 units, or has a portfolio containing $400M in multifamily real estate. But how many of these folks only "co-own"...
Grant Cardone
Mistakes To Avoid When Investing In Apartments
1) Not investing - Not investing in this asset class is the ultimate, biggest mistake you will make with your finances. While it may seem difficult right now, due to limited funds, credit, experience and confidence, y...
Ryan Daigle
Is Multifamily Truly Recession Resistant?
"The asset class is known for its survival during a downturn, but with so much class-A product on the market, will its reputation hold?"Looks like we're about to find out!I actually think this upcoming recession will ...
Jordan Akins
My dad needs help with his decision to sell his apartments.
My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...