Casey W.
Broke Cash Investor - Can We Do It?
Starting with no money in 2017, my wife and I decided we wanted to be cash real estate investors. For personal reasons, we have committed to not borrowing money for any reason. I understand this is contrary to all goo...
Brian Spencer
New guy looking for advice
Hello,
This is my first post on here. I just found this website today and may be putting this in the wrong section. I am excited to have a place to learn, as I haven't really been utilizing research at all....
Account Closed
valuation of downtown Jersey City, 3+ bedrooms
Seems like any 3 bedroom hitting the market in downtown Jersey City starts at 1 million, and goes up from there. We saw a listing for a 'rare' SFH brownstone that just hit the MLS at 900K, with a backyard and parking....
Jesse Stephenson
How much do I pay my first employee of Property Mangement Co.
I have a small but growing Property Management Company. We (my wife and I) currently manage 50 homes but want to grow to a couple hundred. I am thinking about hiring an employee (and family member) to help grow the...
Kurt Kwart
3% Two Banger!!
Yo BP nation!
I'd like to thank this community for all that I have learned this year. Specifically the Al Willamson and Dawn Anastasi podcasts gave me greater insight to what is possible.
Today I close...
Amad Osman
Pennsylvania Confession of Judgement
Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
Jeffrey Gomez
Debt Service Coverage Ratio Loan (DSCR)
Morning Everyone!,Does anyone have experience utilizing a DSCR Loan? I do not have any properties yet, but I wonder if this would be a sound strategy to get started with my first few deals.
Robbie Pollard
Just Closed on a REO yesterday
I closed yesterday on a REO. The bank was asking $39,900, I offered $24,230. My realtor came back and said they had mulitple offers, so I raised my offer $26,500 and they accepted.
I think it was a good deal, but...
Amit M.
Higher return DST offerings
I recently received a mailer from Kay properties of 2 DST offerings: an 8% and 10% preferred return (net lease income fund 28, LLC and opportunistic income fund 75, LLC). I was surprised as most DSTs I’ve seen are in ...
Jamie Gruber
Underwater on a rental property in NY -- any ideas?
Hello all .. I'm new to the forum and my wife and I are beginning to pursue real estate investment .. but we're unfortunately not rookies. I wanted to see if perhaps anyone had any other ideas with a situation on our...