Jared McCorkle
Should I partner with someone or Wait?
Hello BP I am looking for someone to potentially partner with on a Real Estate Investment Property.
The reasoning for this is because currently I want to do a deal however, I am running into a lot of hurdles trying ...
Michelle Phoenix
Does maxing out cash-out refi hurt DTI for future rental?
Hi,
I'm new to this group and am also new to real estate investing. I own a home (primary residence) in Southern California with a lot of equity, and am thinking of doing a cash-out refinance to invest in my first re...
Taylor Robertson
Should I accept this applicanant as tenant?
I have a recent applicant who is relocating to my local area for work. She does pass the qualifications for the most part but I see a few red flags. For one, she told me she doesn't have past landlords to use a refere...
Juan Lara
The 1% Rule Thumb For Cash Flow
So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
Yulia Kaygorodtseva
Interesting tenant application
Hello, Gurus!I got an interesting tenant application nowShe is from Puerto Rico, moved here about 3 months ago (to texas and has been staying with her friends for now). Her husband was killed in Iraq, so she is gettin...
Tony Colquett
craigslist question
I have some ads running on craigslist and it seems like everyday I get a response from someone that seems unrelated to my ad (i.e. out of context). It seems like the responses are some sort of scam. I am just curiou...
Frankie Corona
Business Structure
What is the best corporation to incorporate yourself in when investing in real estate? And why?
Devin Harris
New member from Dallas/Lubbock area
Hello everyone!I'm really excited to finally be a member on BP! Ive been using it as a reference for quite some time but just lately I decided to take the next step. My goal is to buy rentals of all types in order to ...
Adam Hinkley
New landlord don't know what to expect
Hi all,New to BP and new to be being a landlord as I close on my first property on Friday. It's a duplex that will be owner occupied. I have a few questions about how I should proceed in the first few months of owning...
David Edwards
What you do with $20,000
My dad received a pretty decent settlement in a injury case at his job so he was able to give me $20,000. I have it sitting on an interest yielding savings account but of course that will multiply very slowly. I need ...