Account Closed
Indianapolis. Lower End vs Higher End rentals
I have been shopping around Indianapolis for cash flow rental properties and have found a strong difference in opinions among investors. Some say buy the higher end properties above $70000 on the outside of the city ...
Jered Sturm
I bought a Freddie Mac OO first look house now Kroger wants to buy it (can I sell legally)
My wife and I just bought a Freddie mac home steps house during the owner occupied period. We closed last thursday. I needed about 3 weeks to paint and do some work to the house before moving in, so we have not yet mo...
Luke Mccandless
Bay Area FHA triplex sanity check!
I am fully underwritten for an FHA loan to buy a 2-4 unit property in the bay area up to $550,000 ( possible higher depending on the income of the other units).I am considering a place in West Oakland, currently a sli...
Steven Hershey
401k Withdraw Good or Bad idea?
I have this Idea of taking a 20% withdraw for a down payment out of my 401k to avoid PMI costs and down the road to grow my properties to gain financial independence. I understand all of the consequences like 20% fed ...
Ying Gong
2% rule in Ultimate beginner guide
I am in San Diego area. I don't see how the 2% rule can apply to california. The housing here is very expensive. Even at lower value property area. Say the average house there is about $500k, and the rent average ...
Ricky Cassidy
Investing vs consuming... where to draw the line
I own a 2004 pickup truck with 175000 miles. I just took it to the shop to get a repair quote. It’s about $2000 for the main repair. There are a few other smaller things that need repair as well.I have the cash to buy...
Henry Lazerow
15 tips and tricks for the Chicago market
Thought this would be a fun post. Here is a list I created. This is targeted more towards beginner investors so I left out the advanced/high cost strategies. Feel free to add to the list with any of your own tips. Hap...
Karan Nanda
BRRR Strategy
I was just reading a post by someone and he mentioned the BRRR strategy.I like this approach but have a question on the refinance part of it.I am still a beginner and the idea i have so far is to buy a rent ready prop...
Jon S.
Survey for out-of-state turnkey investors
Hey all. I would like to ask those of you who have invested in out-of-state turnkeys several questions. 1. How many out of state turnkeys have you purchased?2. Do you still own these properties or were any sold?3. Ho...
Jeff Yates
New investor in Sacramento, California
Hello BP! My name is Jeff Yates and I'm a new investor living in downtown Sacramento. I am interested in purchasing buy-and-hold multifamily properties. I would prefer to invest locally, as community involvement is im...