Jesse Chunn
Why Not Apartment Complexes???
I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...
Brad Penley
$1000 cash flow per month SD should I keep
I have a duplex in a very popular place in San Diego, CA. I make $1000 over the mortgage and cash flow $800. I’m getting stationed in Florida and would lose a significant amount of cash flow if I had both properties b...
Richard Heineman
Velocity Banking Strategy
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Einar Mykletun
Next Property - Appreciation ($650K) or Cash Flow ($170K)?
Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
Kate J.
Design ideas for townhouse needed.
I need ideas on flooring of townhouse. Input is 2 floors house, the first floor has cement floor, the second is covered with plywood. The previous owner had carpet on it, but they removed it and I've been left with pl...
Jason Crow
HELOC for Investments - Good or Bad Idea?
My wife and I own a house and land worth about 1 million, free and clear. We are in a hot market in the Austin area. We have previously flipped homes and owned a few rentals prior to the housing crash. I decided to ge...
Adam Sporinsky
How do people here define over leveraged?
In many of the BP podcasts, articles, and blogs, the idea comes up frequently that people who really have major issues during donwturns or in RE investing in general are people who buy wrong (pretty clear I think), or...
Orita Issartel
What would do if you had $500,000.00 to invest?
Just a simple question hoping for some creative answers. Thanks.
Marc Warren
Multi Family Syndicate Recommendations
Does anyone have any recommendations for a good syndicate with a track record in multi family. I already have some investments with Ashcroft. Was wondering if there were any other firms I should look at.Thanks,Marc