Hans Cooke
Need advice on investment property
Just starting out here...
Have $50,000 to invest in real estate.
Would you:
A) Buy one Condo / Apartment outright (paid in full) and rent it out
or
B) Mortgage two Condo / Apartment's (...
John Craven
Smoky Mountain Vacation Rental
Hello BP Members,I hope everyone is staying safe, healthy and sane in these crazy times. I am currently under contract on a vacation rental in the Smoky Mountains (approx. 10 min from Pigeon Forge), with a closing da...
Saad D.
Is the 1% rule dead?
Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis? Is anyone out there still able to achieve the 1% rule and in which markets?Recently I noticed I get to 0.7 or 0.8% a...
Geoffrey Murphy
Acquiring 50 units or more; what makes this difficult?
BP,
I don't believe this difficult, I believe this is very much doable. However, what makes achieving this goal so difficult for most investors? Seeing that "financial freedom" is the HUGE topic now a days. Why is it...
Tracy Opoku
My First Multi Family House Hack
Hi there! Brand spanking new to the world of real estate investing but I’ve seen the light and there’s NO going back now. I’ve been reading books and listening to podcasts around the clock. We are full steam ahead, pr...
Erich Henson
net worth vs income/cash-flow thoughts
I've been investing in real estate for 15-20 years. I used the infamous BRRRR method to purchase beat-up single-family homes and turn them into rental properties. With my background as a mortgage broker, I was able ...
Rob Cee
Experiences investing in trust deeds
I'm doing some passive investing in trust deeds and thankfully have never had any issues with defaults yet. I'm not setting up my own trust deeds, I'm investing though hard money lenders who do everything and I write...
Yashar E.
Case study and any help would be appreciated
Hello BPers,This is sort of a case study and a call for help. In the beginning of 2017 I had been befriended by a gentleman by the name of Matthew Kadash. Owner/president of BMRE Holdings. We had been talking because...
Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Christopher Lewis
Mentor ideals do not align with my own
My "mentor" told me to stop chasing FI and to get a secure job. Should I fire him? What should I do?