Sunny Suh
Diary of my first step: Jersey City NJ Multi-Family- No experience, no idea what i'm doing, no regrets
Hello everyone, Complete noob here. I started investing in a set it and forget it type stock/index portfolio and it has done well. Had to do a lot of research.Now I am jumping in real estate, going for that multiple s...
Kyle Neff
LLC - Must have or nice to have?
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
Cameron O'Connor
Don't pay your down principal early- Keep PMI and Flood Insurance
I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Bay H.
what are good income options for $150k-$300k?
My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
Takeshia Martin
25 years old starting out in RE investing? Do I give up My dreams because of lack of resources? Frustrated
I've been working on jobs i don't like and aren't paying much. I don't have alot of credit established and i can't qualify for loans. I'm really just frustrated with the process of entering real estate without any cre...
Wes S.
REO Offers Accepted
Please list your REO situation: Who the Bank was, list price, the offers you submitted, any counters and finally the acceptance price.
My goal is to give all of our BP friends a leg up in approaching their next REO...
Alan Grobmeier
Where are YOU looking to park your money?
For those of you that think we are back in a bubble: Have you sold any of your places into the 'increase'? If so, where did you 'park' your cash?My issue is that between my wife & I we have sold 3 houses this ye...
Ernesto Hernandez
David Greene: Long Distance REI Book Notes
Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...