Kevin S.
What to do with $1,000,000.00?
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Chris Harper
Top 20 Objections to REI
Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
Brian Garrett
Need to put capital to work but can't find deals!
If you had capital you wanted to put to work but you couldn't find deals in your area (South Florida) that fit your business model what would you do? Change your strategy and look to other asset classes? Partner with ...
Sharad M.
What is wrong with some wholesalers?
So this morning I get a text from a wholesaler about a property. He is asking $50,500 and I Google the address and surprise surprise, the house is listed on MLS for $45,900. It has been active for about 30 days.It's l...
Bryan Hancock
How Do We Get More People To Engage In BP Discussions?
I did a quick check and there have recently been over 500 people (within the last day) people on BP. Most topics have 5-15 main players comment back and forth and a variety of lurkers that just view things.
How can ...
Lee G.
Factoring in Property Management is Overrated
Is factoring in property management into your investment spreadsheet overrated?Cons of property management: I always care about my property more than property manager, lower ROI, and the probability you lose touch wit...
Nat C.
Who do I sue first?
I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
Ben Leybovich
CLOSED on a 98-unit TODAY!
So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
Alex Silang
Mass deportations: will it affect rental markets?
There are 11 million undocumented immigrants in the United States. If even just a quarter of them are removed, don't you think it would greatly affect housing markets? That'd be 2-3 million people not needing housing ...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...