Andrey Y.
Growth Equity Group - How 170+ investors were scammed
In 2014-2015, more than 170 investors purchased 2 and 3 bedroom condo units from Growth Equity Group. This company specializes in investment properties in a self-directed IRA. More than 85% of their sales are bought i...
Karen Margrave
Interested In Following New Builds or Flips or Documenting Yours?
As a spec builder I am always interested in seeing what others are doing around the country. I regularly check in on the threads that have posts showing the progress of various projects, and thought it might be a good...
Kelly Choate
Should I be an investor-friendly real estate agent?
Hi everyone,Ok, here is today's question: I have seen a lot of posts on BP about "investor-friendly" real estate agents. Some people say that agents don't understand investing. Others say that agents won't waste their...
Cameron Riley
Do you Run a Credit check; Why Or Why not?
- Credit Checks are a major deciding factor? - Have you ever had success without running a credit check? - Great applicant, with poor credit, that’s the only issue, would you take a chance on him?
Account Closed
Rental vs. Flipping: Which, and why?
I'm sure most new investors have this question. Although I myself am new, I know where I stand. I'd prefer to build a rental portfolio accompanied by periodic flips. But I'm curious. Are you more on the side of runnin...
Jason V.
The Current MF Market and Potential Repercussions of a Correction
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...
Chris Virgilio
Ramsey Fan and Credit Cards
Hello everyone,
My wife and I are looks to get in to real estate investment within the next year or so. To date we have been Dave Ramsey fans and are totally debt free as of about two weeks ago. Yay! Now we are savin...
Brittany H.
Purchasing home with parents assistance. How to best split?
Hi everyone! We need your help!We're looking to purchase a 3 bedroom condo in Boulder, Colorado. Seeing as it's very expensive here, we've considered asking my parents to invest in this home as well, and split the own...
Kenneth M.
Is it OK to buy into a Negative Cash Flow Property?
Hello, Newbie here!I'm putting an offer in on a triplex in southern California for about $950kIts in a desirable area and it brings in about $5k a month in rents. The rents are about as high as they can go, so I can't...
Will Barnard
Follow the leader become trouble?
The recent fad appears to be multi family investing. Everyone, including publications, are talking about it and the gurus have been promoting it again. RE appreciation in many areas has taken off over the past 18 m...