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With home prices still very high and interest rates now high too, is anyone actually cashflowing on newly acquired property? Even the 1% rule doesn’t seem to work anymore Example: assuming 20% downPurchase price: 250k...
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Hello BP members, I am new here and have been an infrequent visitor on bp over the last 4 years or so. I currently do not own any income properties but planning to take a plunge very soon. Here for advice, guidance an...
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Has anyone ever worked with LoanDepot to get a loan reinstated on a pre-fore property? I am looking at a deal right now and it seems as though they have about $25k in arrears/fees, this is just an assumption accordin...
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Hello
I'm new to this forum. I've reading many post in the last 2 weeks and now have one question.
I'm living in one of the EU Countries and would like to buy some properties in the US especially in Detroit area and ...
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If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
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Just like the title says I am looking to select a market to purchase my first property. I live in Southern California and it's almost impossible to make an investment that will cash flow here so I'm fine going else wh...
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Hi all, I am not new to investing but I am new to RE investing. The majority of my money is in Stocks and I'm looking to move some of my funds over to RE. I'm not looking to get rich or replace a W2, but I am looking ...
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While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
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Before I bought my first property 2 months ago, I spent a year and a half educating myself on real estate through books/podcasts/Biggerpockets. During this time I managed to save up a good chunk of change (about $15k)...
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Where are my AZ investors at!? I want to hear your thoughts on the water shortage in AZ (Phoenix area) and what you think it means for investors? Is it something to think about if you’re a buy and hold investor?