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...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Jeff Hines
How would you start investing if you had $150k???
Hey everyone,I am a 28 year old who currently lives in NC. I just want to explain my circumstances and see how people with experience and knowledge in real estate would move forward if they were in my shoes. I have $...
Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Sylvia Pomazak
Be careful who you invest with
Hello BP members in Cincinnati or those investing here. Please be careful of who you invest with. I had the unfortunate experience of investing with someone here and it ended up being a scam. True Story of How my Firs...
Yongming Huang
Why are real estate agent commissions so high in the US?
I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...
JR T.
Insurance - Don't have any & not worried. Convince me I'm crazy.
I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
Alex Silang
"Biggest mistake" was to do out-of-state turnkey investing
So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
Jonathan A.
Flipping partnership going to court on debate of renovation costs
I am a general contractor that partnered with 3 investors to flip a house. We all agreed to hire my company to do the renovation and agreed on a set budget and got a contract by my company. My company completed the re...
Toyin Dawodu
SKIN IN THE GAME- WHAT SKIN?
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...