George Lopez
What are the pros and cons regarding high cap rates?
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
Scott Trench
National Newspaper Wants BP Community's Input!
A reporter from a national newspaper that you've all definitely heard of reached out with some questions for me. She told me that she wanted to hear from some REAL investors, and I told her that I know just the place!...
Brandon Connell
Cash buyers are not serious
I have a property in Illinois under contract with some good meat on the bones, and only a couple of cash buyers (or so they say). So far, they are dodgy. I read that the hardest part of wholesaling is getting the cont...
Account Closed
Advice for a Newbie looking for Long Distance Investment
Hello BP friends. I would like to introduce myself, since I haven't really sat down and actually done this in the past, although I am actively reading posts on the forum. My name is Rose from southern CA--the Inland E...
Brett Baginski
Mortgage Forbearance Ramifications
Not sure if this has been posted yet, but I think it is worth sharing. I heard on the Rental Income Podcast w/ Dan Lane, bonus episode from this Saturday "The Ugly Truth About Mortgage Forbearance", the long term eff...
Omar Merced
Just bought a 18 unit for $12,581.36 in Ohio
Well sort of. I have to pay back taxes of $20k and about $1k in back water. And, yes it needs a full rehab but if I did my numbers right after all is said and done I'll be sitting pretty. I close this week so once I d...
Jamie K.
How to get over analysis paralysis on the first deal!!
Any tips on getting over the initial fear of the first deal would be much appreciated!! I currently made an offer on a single family home in joliet, IL. I've ran the numbers and it should cash flow around $250-$300 p...
Ted Harris
Should U Send Your Kids to College?
What if your son or daughter isn't sure what they want to do? Can you afford to spend $100k+ to educate them .... is it worth saddling them (or you) with so much debt that it will take years to pay back? Has college ...
Zach Jones
How are you able to create positive CF in this high interest market?
So I'm a fan of MF investing.. I've been looking at traditional financing with 25% down (it sucks I know but I've saved and don't know of better options currently) and I've even considered going FHA at 3% IF I could f...
Adam Bileckyj
Buying land and building in a down market?
I fully understand trying to time the market is not generally a good idea, however, do down markets open up opportunities for buying land and building? I would assume that non-income producing assets (vacant land) wou...