Hello BP,I am beginning the process for the purchase of my first Multi family investment to kick off my goal of reaching 8k in cash flow/ month. I have calculated that at $250 Net Cash flow / unit I will need 32 units...
Vikram and others brought up an interesting topic in another thread, and because it was buried pretty deep in there, I wanted to break it out into a new thread. The discussion was about how you go about getting your ...
I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
Going to try to negotiate the purchase of vacant lot tomorrow. Any advice?I’m meeting the owner of a vacant lot tomorrow to try to negotiate the purchase of a vacant lot in the San Francisco Bay Area. It’s a killer pr...
I was discussing with a co-worker the other day and he asked me " If you had a million dollars cash, would you still buy real estate?"What do you say?
Hello! I'm a Engineer working full time in New York and I'm interested of how people go about investing out of state in a state that has very low or no cash flow. (I have 40k in downpayment prepared for my first inves...
I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...
I came across a house that's going to be sold at a foreclosure auction. I did some research and found that the owner transferred the property from his name into an LLC about 2 years ago. Would that have any effe...
So i've read through the BP ebook and other books related to real estate. Most of them say that the right time to buy for an investor is when there is a lot of inventory and when the prices are low. When exactly is...