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...
Isan Sahoo
What's the STR forecast for 2023?
Hello everyone,As a prospective investor in short-term rental, I would like to get some feedback regarding the upcoming demand for short-term rental. Considering the current economic climate, where layoffs are happeni...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Account Closed
Why John & Jane Smith Can't Afford To Buy A house - No, it isn't interest rates
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...
Jennifer Walsh
(-) cash flow properties have me wondering - what am I missing?
New to real estate and looking for my first rental. Have been using the rental calculator on every potential property I find in Waukesha, Wisconsin and surrounding towns. Every single property is a bust! Negative cash...
Erik Stewart
RE investors with humble origins?
Calling all underdog RE investors.If you got into real estate because you were an engineer, lawyer, doctor, or otherwise have large amounts of discretionary income, that's cool, but I want to hear from the unlikely he...
Robert P.
Just Listed my apartment....bombarded with calls and emails!
So I just listed my very first apartment EVER! I posted on both Zillow and Craigslist and have received about 10 emails and 5 calls in the last 12 hours (posted at 10pm).My approach right now is to have an "open house...
Tim G.
300k+ in equity in 3 years, low cash flow should I 1031 out of CA
In 2013 I had some good timing. Purchased a four unit apartment building, built in 1980 with major tenant and management issues. It cost me around $360k all in but I used an FHA203k loan so my out of pocket was around...
Jason Nguyen
Which strategy works best for the current market condition?
As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...