Jordan Wisser
To invest or not to invest with current interest rates...
Hey all! Looking for some advice/guidance on whether or not to pull the trigger on a prospective duplex. It’s in a great market & neighborhood. Pre-inspection, it appears to be a solid opportunity. Great property,...
Shannon Shue
ADU in South Los Angeles, Updated Figures for 2023
Investment Info:
Single-family residence buy & hold investment in Los Angeles.
Purchase price: $642,000
Cash invested: $135,000
BRRR is possible in Los Angeles! It is just a carefully planned pro...
Julie Muse
Rolling Prairie Renovation Success: Profitable Flip with Ron Rowan!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $25,000
Sale price: $260,000
Contributors:
Peter Vekselman
Partner Driv...
Brett Jenkins
Can I use more debt on a 1031 exchange?
I have received conflicting information on this so I thought I would ask here to share with others who may be interested in finding the answer.I have a property I bought for 800k. I am selling for 1 million (after clo...
Taylor Voth
Multiple Mortgages/ debt to income
Hi there!
My husband and I are planning on investing in real estate in about a year. We are saving Mo ey and doing a ton of research until then - but I am curious as to how it works to apply for another mortgage if ...
Piper Watson
20k Inheritance - debt pay down or invest?
What would you do in this scenario and why?If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit sco...
Julio Gonzalez
Have you considered a 721 Exchange rather than a 1031?
Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...
Bill Zepeda
Rent-Increase Letter Suggestions...
Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...
Mary S.
Help me analyze a Chicago prroperty
I have an offer pending on a retail condo in chicago with about a 10-12 cap rate. Its in a good area of the city (lincoln park/lakeview) with decent traffic. I'm not understanding pricing here. I know people are con...
Travis Eid
Using life savings to pay off student loans vs starting REI
Hi,I was hoping to get some advice from BP members. I love this site and have learned so much already. I've always been interested in real estate and would love to get started with buy-and-hold investing. I want to ha...