Chris Gibbs
Should I raise my price?
So I am in the middle of my first turn over for one of my units. I posted it up on all of the websites and I have gotten around 12 or so responses in the last 48 hours of people wanting to see it. I was not expectin...
Neil Cronkrite
What cash on cash would you accept for a low IRR?
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
Joshua Austin
After over 30 Residential purchases I am moving to Commercial
I have spent the last 4 years building a strong SFH portfolio that sits at 26 homes total. In addition to those that we have kept, we have completed a half-a-dozen flips during this time as well. It's been 4 years of ...
Nick M.
Buy with my own cash or use hard money
I made an offer on an REO property in southern NJ. Details below:Offer price: 70kRehab budget: 35kARV: using comps in the area 165k. Going conservative and will say 150kGoal: Probably fix and flip. May BRRRR. I have t...
Cheryl P.
Home Warranties
I would like to get landlord opinions on whether or not you use home warranties such as American Home Shield, etc for rental properties. Is this something that landlords utilize to reduce repair costs, Do you require...
Zac Boelkow
Help with tenant screening
We recently listed a duplex for rent in Milwaukee, WI. We received three applications. After calling the references and verifying income, etc. we narrowed it down to one possibility that looked good. We informed this ...
Nicholas Layton
Why so much emphasis on Cash on Cash return?
I always see people looking for a specific number for their cash on cash return. For example, Brandon likes 12% or higher, and he calculates this by taking the annual cashflow divided by the cash that is invested.My q...
Kayla Wagenmann
Newbie here! Would it benefit me to get my real estate license?
Hello everyone! I've spent the last few weeks lurking on the forums and am excited to finally make my first post! My question is... do you think it would be worth it to get my real estate agent license before investin...
Matt Cramer
Can Rich Dad Poor Dad beat up Dave Ramsey?
To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
Brandon Komp
using IRA to buy real estate
Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...