Chingju Hu
Is it weird to buy rental properties instead of primary residence
Hi all, I'm a new member here, I've been wanting to own rental properties for a while and finally, I pulled the trigger and now in the process of my first rental!! After I sign the contract, I feel like I'm getting cl...
John E.
How do I make RE investing a business and not a hobby?
Hello BPers...
My name is John Elmenhe, I'm 15 years old and I'm going to begin investing in real estate the day I hit 18 years old by trying to wholesale properties. I'm going to begin working soon and I'm NOT goin...
David C.
When deals are really just "overpriced offerings"
To the group: As more and more "deals" cross my desk and I perform underwriting, I find that the vast majority of these deals are simply overpriced offerings - even in lousy locations, Cap Rates are around 3-4%. Mos...
Taylor Jones
Do people like losing money in the Smoky Mountains?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Mark-Anthony Villaflor
Refi Til Ya Die Strategy
In this time of COVID I'm looking at purchasing extra property but am looking at getting the downpayment from cash refinancing properties. I listen to several podcasts aside from Bigger Pockets- Real Estate Guys and J...
Matthew Swearingen
Investing in Tulum Mexico
Im considering investing i na new construction condo in Tulum or other outlying areas or possibly a home.. Does anyone have any experience with Tulum? I wanted to buy as a second home and use it as a vacation and on t...
Aruna Abdool
Investing in long term rentals out of state
Hi. I'm in NY, which is not a landlord-friendly state, so I'd l like to invest out of state. What have you encountered investing in a state other than the one you reside in? How did you work to establish trust with th...
Jeff C.
Cringeworthy self promotion on BP
Has anyone else had their fill of posts concocted ostensibly to be informative but that are obviously thinly veiled attempts to funnel the uninitiated to the posters classes, syndication capital raise attempts, sub-to...
Eric Inigo
Experience or thoughts on Homeroom?
Hello Everyone,
New to BP and real estate investing. Wondering if anyone has had any experience with https://livehomeroom.com ? If so, what was your experience like? They bring co-living to the Midwest and currently...
Brice Hall
A lot of people are being misled
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...