Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
Rich Somers
I have a 5 unit under contract and have inspection questions!
So I currently have a 5 unit Multi family under contract in Louisville, Ky with a 21 day inspection contingency period. The building is over 100 years old, seems to have somewhat updated plumbing & electrical and...
Diana Martinez
Austin Market ? Too hot to invest or just right ?
Hi- I’m living in Austin, Texas and have about 30k saved up for my first real estate deal. I also have about 120k in equity on a property I house hacked and bought about 8 years ago. I’m nervous/scared to take the plu...
Account Closed
Seller Wanting To Back Out Of Executed Contract.
Hi Guys,So Seller and I came to an agreement on a price on a home. We both signed it and two hours later he calls me telling me he no longer wants to sell the house for that price and he wants more. Got legal advice a...
Janice V.
First time- Seller Financing for 4plex
This is my first time as well posting, my apology in advance if theres possible confusion.Anyways.. let me give you some insights. After months of speaking to seller he finally agreed to sell his fourplex as he has be...
Patrick H.
Appreciation or Income
Assume that you had the option to by a $100k property that:
A) Brought in $10k in NOI annually
or
B) Appreciated $10k annually
Which would you prefer? Why?
Tony Nguyen
How Much Real Estate VS Stock Do You Own?
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
James Gillice
Things aren't going well. Any advice?
Hello BP,I bought my first rental property in early 2022, an out of state (KCMO) SFH. I bought from a turnkey company that is endorsed by BP. The home was not "turnkey" per say, but was sold by another investor throug...
Jack B.
To sell rental or not to sell
Making about 6.8% cash on cash from rents after expenses. It's a 145K house and although the market is going up, it's small gains compared to my leveraged 500-700K leveraged houses. I've kept it to date as a fall back...
Brandon W.
Beginners Luck or Creating Success
What would you tell a beginner who has stumbled upon a commercial deal which is the sell of 23 homes with a value of $6M Contract is already in place with 80% ( $4,560,000.00 ) financing and 30k Earnest Money but the ...