Account Closed
Why is building capital more important than cashflow?
I was listening to podcast #17 and at point 25:00 minutes, Brandon Turner and Jeff Brown were agreeing that cashflow wasn't the most important thing to focus on when you're young, but building your capital. The bigg...
Chris V.
Deal Analyses - Estimating Costs
Deal Analyses – Estimating CostsA while ago I wrote a series of posts ranting about the current state of the residential income property market in Stockton, CA. In each post I highlighted a current listing and argued ...
John Tyler
Great Deals, but I'm Broke! How to Attract Financial Investors?
So, I've been browsing the MLS for some weeks, now. I've viewed some decent deals and some great deals, but there's a common trend: I don't have enough money for these deals! I'm curious to hear how the BP community g...
Ron Brady
Remote Appraisals of Homes Could Reduce Racial Bias
In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)My initial take is that this is a sound move by Fannie and Freddie to address a real issue. If it helps...
Cynthia Walker
Credit score 600, have 20% Downpymt,over 100k salary but DECLINED
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter. What are we doing wrong...
David Hutson
Closed on another Mid South Home Buyers home
Morning all,I closed on my 8th home with them a few days ago and it's in 38128 which is my favorite zip code to invest in. The home is on Edgewood and should be another steady performer.I have been receiving many req...
Faisal Farnas
Replace Windows Or Seal Them Shut?
Hello,I closed on a property that I intend to rehab and rent out. SFH in a class B neighborhood and rent is $1000. It has 10 windows, and most of them are in decent condition expect that they don't open properly, or w...
Gabriel Smith
ARM 10/1 financing on rental
Hi everyone!I feel like this might be a dumb question but I've got to ask anyway. Im looking at financing options to pull about 20K out of a rental. I have a hundred thousand in equity. My local bank presented me with...
David Robertson
My first investment-please help....
I'm new to the forum, but would appreciate anyone's help about my first investment.
About Me: I just turned 24 and have owned my residence, a 3 bedroom/2bath since October 2009. I have a background in construction a...
Lucas Mills
Is this really as bad of a deal as it looks, or did I mess up?
This is one of my first formal analyses of real estate rental property, and I am taken aback at how bad of a deal this seems to be. Here are the relevant links:MLS ListingFHA Loan Calculator (with property tax, HI, an...