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...
Marcus Auerbach
Why BRRRR is dead....
Every time someone calls me and says: hey, I am an OOS investor and want to BRRRR in Milwaukee, I cringe. An investor friendly agent is supposed to be excited and send them a list of deals, right? Or tell the truth??
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Stephen Dispensa
Today's NAR Settlement is GREAT news for SOME Agents
Rarely do I feel the need to comment on the state of my industry. I have been a licensed Real Estate Salesperson, Agent, or Broker since 2015. In the 9 years I’ve spent licensed in this industry I have never been impr...
Jake Andronico
Is 4 homes enough??
I currently have two house-hacks that I've moved out of and are now full time rentals that cash flow roughly $800-1K per month each. When I started straight out of college, I used to think that I NEEDED 10 houses in 1...
Andrew Angerer
Why have others given up? (conversation starter)
Good evening all, Just trying to get a conversation started about why others have given up in the past. I know many people who are interested in real estate, some pursue it, but many many decide not to do it after a...
David Zheng
Accidental $291k cashout refinance... Biggest BRRRR Deal yet!
Hi BP!Just wanted to share one of the most exciting things that "accidentally" happened to me. Back in Sept, 2016 I was just 9 months into real estate investing and I was browsing Zillow for fun as I usually do. Manag...
Kim Hopkins
Mathematical Connection Between Debt Terms & Cash on Cash Return
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
Andre Vaughn
What Are the MAIN PROBLEMS with Wholesalers?
I recently got my first property under contract in the St. Louis, MO. market (Florissant, MO. to be exact). I do not have a buyers list but yet I have managed to make some great connections regarding my area where i ...
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...
Einar Mykletun
Next Property - Appreciation ($650K) or Cash Flow ($170K)?
Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...