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Hey Everyone!Big News and hopefully some helpful tips for anyone that’s new!I just hit “financial independence” with my two rental properties, 5 units total (living in one) at 24 years old. My monthly income just peak...
Hi BP!First Post!So I've been working hard the last month to learn all I can, and speak with lenders / agents and figure out a business plan. I'm at a point where I could use a little advice.Just a little info on my ...
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Now before and the buy and hold people come in and tell me how that is the only way to gain true wealth, semi-passive income, and reap all the tax benefits, thank you but I know that already. Now, for the fix and flip...
Please help,
I have lived in my apartment for 2.5 years, never a missed or late payment. Replaced my broken microwave myself to not bother the landlord.
My cat walked in and out of the blinds enough times to break a...
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Hi guys. My name is Brian and I am from Arlington, Texas. I work as a geotechnical engineer by day and am just starting to accumulate enough savings to jump into my first buy and hold deal.
I have already read many t...
Hello BP!I am a newbie investor, and long time BP Lurker. I have been interested in real estate for years, and thanks to a random influx of cash I am now finally ready to get started with my first property. My plan is...
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Hello Everyone!If you are direct mail marketing in today's environment how's it going for you? Are you using to sites like Listsource and Propstream to source leads? What's your best marketing piece? What's your overa...
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I am interested in buying deplexs in cleveland with 100% cash and was just wondering what tips or advice other investors can point out to me
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I just received an advice from a friend that says: "The market is too hot, ditch your buyer's agent. Just get a RE attorney to make sure your offer is safe and go to the open houses yourself informing the seller's ...
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Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...