Travis Russell
2% Rule in Chicago?
I am VERY late to the game on this one, but does the 2% rule actually work in Chicago in A and B neighborhoods?? If I understand correctly, a $300k property should rent for $6,000/month? This sounds like high ren...
Josh Domingo
New Member from Los Angeles
Hello! My name is Josh Domingo. I'm a beginning real estate investor from Los Angeles. I'm originally from Seattle but moved to LA in 2014. I work full-time as an IT Project Manager for a mid-sized finance company. I'...
John Blythe
Help me know what I don't know I don't know
Hey all,Thanks for checking out my post. I'm brand new to REI and am taking in a ton via reading, podcasts, and forum discussions. As you well know there is quite a bit of information floating around out there and it'...
Alexander V.
Hidden Problems in too-good-to-be-true Properties
Hello, this is my first post on the forums, and I'm in need of some advice.I've been analyzing potential properties for about an hour per day for a while now, just trying to get a feel for analyses and markets. I've n...
Jose Goncalvez
Am I overthinking this deal?
Hi everyone, I would like to get an opinion on a deal I have under contract, I have been a bit hesitant due to the interest rate that I am getting on this deal. I may be overthinking too much, feel like I'm stuck on a...
John Thedford
Are Annual A/C Service Contracts Worth The Money?
I have an issue with an A/C unit we had installed last year. The compressor is already fried supposedly because the install tech didn't wire everything correctly. The service company that came out wants to set me up w...
Greg Gaudet
Just closed on my best deal yet!
Investment Info:
Single-family residence buy & hold investment in Kahului.
Purchase price: $30,000
Contributors:
Ryan Murdock
Purchase Price: $30,000. Rehab estimate: $15-20k. ARV: $1...
Brendon Penner
LVP - 12mil VS 20mil Appliances Black VS Stainless Steel
Hello BP;I am a newer investor with 10 units. I am about to rehab 6 of those units over the next 3 months.I am looking for some help making a few strategic long term hold decisions;I am going to use Luxury Vinyl Plank...
Joshua Stewart
Do Sustainable ("Green") Features Matter to Developers?
I am curious for those who have done single family new construction whether or not you chose to invest in any sustainable design or construction strategies for your projects, or if you specifically chose not to. Why o...
Sean Ezeamama
New Philly Triplex, newbie impatience or bad decision?
Hi BP team,
I’ve been trolling the forum for years and just closed on my first rental property in Philly, a triplex.Close date was 4/15 and no lie, the last 45 days have aged me with stress and anxiety(I’m 27).
I pu...