Tania Reuben
Investors Who Survived 2008-11: How Did you Make It Through?
Inspired by @Brian Burke's harrowing story of surviving the economic meltdown, I'd love to learn what other lesson's people gained through that time. Many survived, some thrived, lost it all... While I don't think we...
Matt Szablowski
Cash Flow House Hack with MFU
Hi BP friends,What are your thoughts about buying a MFU house hack that initially has negative cash flow once it is occupied by tenants as long as I see possibly for cash flow in the future with refinancing for lower ...
Bevla Reeves
The Top 10 Cities for Investors on a Budget
I thought this was interesting from Realtor.com. I was happy to see Phoenix on the list! Although I find that it's highly competitive in my market...so there goes your budget if you want to submit the highest offer!...
Westin Hudnall
Using 401 K money to pay off my primary mortgage - Good or bad idea ?
My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
Andrew Curro
3.5% down to buy an investment property is a misnomer
I often hear people say “I only had $10,000 and I was able to buy a duplex in a nice neighborhood with an FHA loan, you can do it too! It’s that easy”. Seems like this is disingenuous. They leave out closing costs, em...
Cisco Hood
advise on if we should sell or wait to avoid taxes
Hello everyone! I would like some opinions or advice. Here is me and my wife's situation We bought our townhouse for a little over 60k and closed in September of 2016 (and this is our residence) our HOA is $125 a mont...
P W
My first deal - Do I need a broker?
I'm about to make an offer on my first RE deal. It is a $1m+ commercial property.
Should I use a broker or just apply for financing myself? What would a broker do for me anyway?
The broker I talked to said he us...
Ryan Huddleston
I Cant get the numbers to cash flow on SFHs. HELP!
I am looking at a few SFHs in C areas to BRRRR. Lets say I can pick one up for 20k (I have one in mind actually) put 10-15k in it and the ARV is 70k and it will rent for 700/month maybe 750. I could refinance and take...
Ben Lukes
Good Deal? - Tacoma 4-plex
Hi everyone. I'm in the middle of closing on what would be my first property, a 4-plex in Tacoma...but the cash flow is looking pretty tight. I'd love to hear your thoughts on it before I close. Inspection has been...
Mohammed Quadeer
long term carryover loss to offset depreciation recapture
- Purchased strip mall in 3/2003 in Chicago, IL for $4,800K- Sold it in 11/2017 for $4,660K- Closing costs for purchase/sale $600K- Capital improvements $300K- Total depreciation claimed over the years $2,300K- H...