Greg R.
Is cash flow overrated?
While cash flow is great and I strive to cash flow as much as I can, in the long run could this strategy be less profitable than buying & holding in a market that will see high levels of appreciation?I hear folks ...
Jason Brown
First Deal DONE! - Miami SFH - BRRRR - Before & After Pics!!
Hi BP and Miami BP,I’ve really got to rep Miami because I don’t feel that we here in South Florida put our successes out as much as we should. I have successfully completed my first BRRRR and I have learned so much.Fo...
Timothy Gerdes
Questions about what metrics to track
My brother and I own 4 different multi-unit (2, 3, or 4-unit) homes in Michigan. We have purchased them over the last 4 years or so. We kind of jumped into the whole thing without doing a ton of research. I feel li...
John Corey
Personal Guarantee (PG) negotiations
I did a quick search and did not see anything recent that matches this. If someone knows of a good thread, drop a link here.Otherwise, lets discuss what people do to negotiate PGs. What is considered normal or accepta...
Marc M.
Here's what NOT to do when submitting an offer....
So I'm buying a personal residence for myself. Came across this house that fit nearly all my parameters but the place needed a lot of work and they were asking more than I qualified for. Passed on it and kept search...
Kyle Shankin
"Learned" something odd about 1031 exchanges
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
Account Closed
Wholesaling business is for dishonest, crooks?
My subject is not direct, but a legitimate question.I recently got a prime follow up call for a prospect that could absolutely be wholesaled. Upon making an offer and coming to negotiating terms with the seller, I nee...
Account Closed
Are we in a bubble or is this market permanently changed
Prices keep rising... it's a sellers market... signs of a bubble are pervasive but.. is it a bubble or has the market changed permanently.... thoughts?
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Terry Lao
In order to succeed..............someone or others must fail ?
In order to succeed..............someone or others must fail? Agree or disagree?This is a general question, which pertains to pretty much anything, including real estate. In real estate, there are many properties, but...