William Zheng
BRRRR vs Using Loan without refinance
Hello.
I just finished reading David Greene's "buy, rehab, rent, refinance, repeat". It's a great book and I wish I can read it earlier. I am planning to do the BRRRR. I save enough money to buy a house in Greensbor...
David Chappell
Taxable Income higher than Cashflow?
Hi everyone, I am running the numbers on a potential property and Im making sure I am doing this correctly.Here are the #s, if these look right I am paying $803 in taxes on a property that Cash flows $1,574??
Gross...
Cory Binsfield
Don’t Waste a Perfectly Good Crisis
Hey BP investors,
Want to take advantage of an epic opportunity? The 10 year bond is at a record low. Why would you care? Conventional mortgage rates rates tend to track the 10 govie yield. Oh, Wall Street and Main ...
Scott Frame
Bank with Self-Service Proof of Funds
My wife and I are pursuing the BRRRR strategy and have sufficient cash in a savings account at our bank for our purchase and rehab. We made a cash offer a little while back on a property and when we requested a Proof...
Chris Libby
Getting started investing using my retirement funds
Hello - I've been looking to get started in the real estate investment business for a while now. My goal is to create a cash-flow generating portfolio for my family and break free of the "corporate slavery" we deal w...
Jonny C.
Loan Inquiry for People with Unstable Income
Hey everybody!I'm a long-time lurker and voracious reader/listener to BP. Long story short, I left a secure hospital job to be a Realtor about a year ago. It has been a challenging but rewarding year. I don't think I ...
Ryne Ray
50k properties, turnkeys, appreciation, and exit strategies
Hey everyone,I've got about 30K to invest, and am really intrigued by turnkey properties. Having looked at all the various TK companies in different states and cities, it seems buying 2 houses at around the 50k price ...
Timothy Riley
What to expect in purchasing a short sale SFR?
Im looking at a short sale SFR that i wouldn't mind purchasing. Im purchasing with cash but am short a few thousand of asking price. I don't feel the asking price is bad but would like to offer what I can afford now a...
Martin Gregory
Collecting Rent
I go to the unit and collect rent in person is that a good idea?
Aaron Mikottis
Total Greenhorn from Chicago, IL
Hey guys! I'm a recent graduate from the Chicago area with a bachelor's degree in architecture. I'm not sold on the idea of trading my time for money until the day I die, so I'm pursuing buy and hold rentals as a mean...