Joe Lijoi
Good BRRRR opportunity or run like h*ll?
Hi all!
Was contacted today by a wholesaler looking to offload this property. Asking $75K with an ARV of around $160,000. Property is located in a decent area that I am familiar with and there are quite a few com...
Lola Acosta
REI Newbie introduction.
Hello BP! We are a young-ish couple with a small family looking to start investing in Real Estate. He is a SAHD and I am a nurse who has worked a LOT this year due to the Pandemic and now have a sizeable? amount in sa...
Jedd Braunwarth
RE agents know nothing about investment properties
OK, maybe some agents are really good and do understand investing. However, I am amazed how many I meet that know nothing about different financing methods, how to determine true cash flow, cap rates, and some are ter...
Julie McCoy
Pros/Cons of originating a note
Hey all! I'm new to this topic, though not at all new to BP; you'll usually find me over on the vacation rental forums. However, I'm looking to begin to diversifying into a more passive asset class, so I intend to b...
Jennifer Walsh
(-) cash flow properties have me wondering - what am I missing?
New to real estate and looking for my first rental. Have been using the rental calculator on every potential property I find in Waukesha, Wisconsin and surrounding towns. Every single property is a bust! Negative cash...
David Rutledge
15% with PMI vs 20% without
Good afternoon,I am a beginner investor and I have been researching and sourcing these forums every step of the way. I recently put an offer on my first property and it was accepted. I am now in the process of getting...
Eric D.
Strategies for Allocating Cash Flow
I am seeking financial advice about what to do with my cash flow which is $1k each for two multi-families -- invest it in the market or pay off the mortgages more quickly? Or something else?Basic info: within the past...
Aaron Hanson
FSBO Appraisal as a Buyer
Hi BP family, We have a fixer-upper deal in Austin that we are looking at that is FSBO and off-market. We have a handshake on a purchase price. It'll be a primary residence and we'll be using a conventional loan. T...
Dzmitry Zakharau
To cornice or not to cornice?
So I'm about to start rehabbing this house, and in my opinion adding a cornice all around would make the house not look as boxy and add character for little money. Maybe even add siding. My contractor is trying to tal...
Caleb Green
Paying off rentals early
I just wanted to get opinions on applying the rents you collect every month to the principle loan amount.
I have 2 rentals that are currently rented. The first one I've had for 3 years. I did not escrow the insuranc...