Daniel Kirchen
New investor rental property SoCal
Hey guys, I am looking into buying and renting properties out in Southern California. I have a mentor who has been in the real estate industry for a long time. He says his way is not the best or the only way to make m...
Keith Everette Smith
Help Me Estimate a Renovation
Hi all. I'm about to do a rehab on a 1,000 sqft 2 bed 1 bath single-family home in Spartanburg, SC. We'll be taking it down to the studs and not moving any walls. I am trying to get an idea of what I'll spend to he...
Amir B.
Investing in San Juan, Puerto Rico
Hello BP Community,I was wondering if anyone has invested in PR before? As many of you heard PR defaulted today on their loans.http://money.cnn.com/2016/07/01/investing/puerto-rico-defaults-general-obligation-bonds/in...
Mark Allen
Title Research Pre-Auction (NH)
Hello BP'ers I'm just starting to bid at auctions in NH and wondering how other people are protecting themselves against potential liens. I know I can pay a title company to run a report right before the auction but ...
Austin Forrest Waggoner
When to Pay Debt or Save for a Real Estate Investment?
First off, I'm new and have been educating myself for the past two months. The Rich Dad book my cousin recommended, completely changed me. I've been listening to BP podcasts, webinars, networking with local investor...
Cody Jensen
Buying a property in a flood zone and insurance
Hey Guys,Is buying a investment property in a flood zone a bad idea? Do you currently own a property in a flood zone ? If so, how much are you paying for flood insurance?
Account Closed
Cheap properties available - Would You Buy In A Banana Republic?
Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A "Banana Republic"The state is buried debt, and hasn’t passed a budget in over 700 days. 100% of their monthly revenue is being consumed by cou...
Chris Seveney
In Over Their Heads?
Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
Tanveer Ahmed
CRASH!!! CRASH!!!! CRASH!!!
Hi BP, when I open any forum or social media the hot topic is upcoming housing market crash. But I don't understand what does "CRASH" means in real state. Is it like stock that will go down 30-50%? Looking at the hist...
Kareena Sharma
Duplex vs RE syndication investment
Would you rather invest in duplex in CA that breaks even or invest in RE syndication for 2 years that offers you expected 18% annually
Example: Duplex in CA costs around $600k, down payment $120k, rent = mortgage pa...