I'm mostly writing this post to vent to people who will likely understand my frustration. I'd also like to get advice or perspective from those who have strategies to swing the odds in their favor, when negotiating a...
I started a topic yesterday about markets which are more or less likely to produce positive cash flow. Related to that- what is the opinion on how important immediate cash flow is?
I see that we want both cash flow A...
I own a SFH.Bought it in 2009 at 385K + 50K in rehab = 435KCurrent Market Value 785KCurrent NOI = 32K Annual = 7.7 % Cap Rate on my investment, 4 % Cap Rate at current market pricesshould I continue holding it or sell...
5 units, that is!I am writing to share my story in hopes of giving other first time investors the courage to take the plunge into buying their first property! It is definitely nerve-wracking, but patience and guts ar...
Hello BP Members!I am in need for some honest guidance as to protecting my assets before I start my real estate business. I've gotten some mixed opinions in protecting my personal assets: create LLC vs. purchase more ...
Hi there BP friends. Been reading Brandon Turner's "Rental Property Investing" book and I got stuck on one of his examples. In chapter 5 he lists 4 example plans on how to use REI to build wealth. I'm confused about h...
I purchase a new property in 2007 for $186,000 to be used as a rental property from day 1. The property was initial rented for $1300. Hindsight is 20/20 and not good investment, but I'm trying to figure best way to...
I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This...
I am finishing my first year as a real estate agent and am hitting a block with follow ups on leads. I focus my business on door knocking, cold calling, and my sphere, with the intent of purchasing physically distress...
Hi all,I am a Rochester native and a fan of Rochester real estate these days. Though the city needs a lot of work in terms of crime and school, there aren't too many small/mid size cities with the arts, food, nightli...