Ben Kirchner
Rental income requirements recognition for conventional loan
I have talked with 3 different traditional mortgage brokers. I have been told different things with proceeding with a conventional loan through them. I'm in North Carolina, and purchasing a a home in this state.- Le...
Michael Terry
Mortgage Notes vs. Traditional Investing: The Why
Good morning all, My wife and I have been discussing the idea of going into mortgage note investing for almost 18 months now with me doing the lion's share of the research. I am on board with the idea of passive incom...
Ryan M.
rent vs sell? north of seattle
I;ve been agonizing over the math on rent vs sell of our primary residence that we plan to leave. Any ideas would be appreciated. I currently have two rentals doing well in other states and have experience with one ...
Matthew Rembish
Analyzing Apartment Buildings
So I've been in real estate for a while now, but I've primarily flipped homes and invested in single-family rentals. Over the last year, I've been educating myself a lot more on apartment buildings and although I feel...
Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
John McKee
Why would you buy at a 5-7 cap?
Why would an investor buy your stabilized asset say at a 7% cap if there is no room for upside because you already squeezed the value out of the original deal? Inquiring minds want to know!
Nahum George
Best city to invest for Rental property investing
Hello everyone,My name is Nahom and I just moved to USA. I have been learning about real estate on BP and read several books. I have enough cash to buy quadraplex using FHA loan.Now my question is, which state or city...
Ron Buffano
Best long term strategy with 100k
Hi,I want to invest in RE for passive income, and I have $100k to invest in. What would be the best strategy?I found a turnkey duplex for $165k which will give me passives income $600 per month after all expense, but...
Joe D.
Inspection
Do you all recommend using home inspector or contractor for inspection of home under contract? No obvious major issues with home but want to get a second set of eyes on it. I was thinking of using a contractor to wa...
Justin Melton
Parents Florida Home
My parents own a home near Sarasota Florida and are thinking of moving back to the Midwest closer to me. They purchased the home in 2016 for 275k and it’s now worth around 575-600k. They really don’t want to pay to ...