David MIchelsen
Utah Current Market: Rent As Is vs BRRRRs
I have analyzed 20-30 properties across Utah and Salt Lake Counties. I feel like I am analyzing these properties wrong, because I haven't been able to find anything with a decent ROI. I can find some cash flow in the ...
Chris Seveney
6 weeks in - What are you seeing?
So we are essentially six weeks into the "quarantine". For my portfolio, April did not take a hit from borrowers who were performing. May is coming and we will see what impacts that has. From a pricing perspective, I ...
Steven Stokes
Investors vs Realtors answers on BP
So I'm new here on BP (so I could be totally wrong about this) but I've been reading a lot of threads from different people asking questions and I have noticed that there is a difference between how "investors" ans...
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Unethical Realtor. Any Suggestions?
I have been working a few deals that have the same seller and the same selling agent. The seller has properties heading to foreclosure. The selling agent, whom I had never dealt with before contacted me and wanted m...
Terry Ouimet
Should Investors Get Their RE License?
Hi, what are the pros and cons of getting your RE license as an investor? I realize there could be a million answers and my situation is not your situation..but I need some general input nonetheless, so here are a fe...
Mike Craig
Closing relationship with PM and holding accountable
We are terminating our relationship with our current PM and have some issues with the work they had done in our absence. They managed this property for us while we were on the other side of the country for two years....
Edward Kuk
Pre-screening criteria - are mine realistic? (Chicago, IL)
Hi,
It's been ~4 months since my wife and I started our real estate journey. After scouring the MLS every day, checking out properties every weekend and 2 accepted offers that fell apart during inspection, we finally...
Ryan McElroy
>$500,000 Passive Income/Cash Flow
Hey! Im slightly confused on what the fastest way to accumulate >$500,000 a year in passive income would be. As of right now, I have a plan to acquire 3-4 fourplexes over the course of around 5 years. I would buy t...
Tairsa Mathews
Seller financing - what's your experience?
My husband and I are looking at buying a 4-plex from a friend and would like to present the option of seller financing. I'm a little worried as this is a friend and I've always been warned about the problems of doing...
Daniel Weed
Trouble finding a HELOC in Arizona
I've been calling around and searching online for a HELOC in AZ since that's what I continually see recommended as a way to get money to use as a down payment.
The problem I'm having is that a lot of the lenders I ta...