Frank Lienert
The market temperature and its future.
In my market (Sacramento) and in a few outlying smaller markets, real estate has been pretty hot with prices climbing ever higher, approaching pre-crash levels. A few months ago I was noticing things cooling off a bit...
Kevin Charles
Is turnkey for a newbie the right way to go for rental property?
Hello all, I am interested in buy and hold strategies however I have zero experience in buying any type property. I am interested in getting my feet wet and I am trying to decided which course of action would make the...
Brandon M.
Help valuing a self storage facility
I have come across an opportunity to purchase a small self storage facility that on the surface looks to be a good deal. The problem I am running into is the owners are close to 70 (ready to retire, this is why it is ...
Joe P.
"A year+ of progress...or maybe not." Deal Analysis after 1 Year
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Trevis Kelley
Debt, no money, decent income - how to start
Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...
Kate Kratochvil
What can I do with $3,500?
I have a real estate photography business, and I save for taxes , and I was thinking about my small amount of savings and possibly putting it to work in the investment arena. I know it's a very small amount, but I ...
Alicia Tingey Geddes
Advice on where to invest for new investors
Hi BP friends,
My husband and I are saving up for our first property through travel work. We are willing to move anywhere in the country that has a good real estate market, and would like to live in places for a fe...
RJ Jackson
Rental that doesn't meet the 1% rule
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
Tanya Solomon
How to navigate REO buying hell. Currently stuck and do not know what the hold up is.
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
Tom Bud
Tax Help on Fix and Flips
Hey everyone, Wanted to hear the communities response to this;Brand new r/e investor, going to do a fix and flip. Does anybody have any interesting tax strategies in respect to this whole process? (buying, selling and...