Erich Henson
Built a 6-figure profit with rentals. What's next?
Fast forward 20 years from first reading Rich Dad Poor Dad, I've built up a portfolio of 50 rental houses, a 10-plex, a couple office buildings, and a tax-free annual net profit of around $200k. I've achieved my drea...
Shane Blackshear
BRRRR refinancing issues
I'd like to hear from anyone who attempted a BRRRR but the rehab cost were too much to refinance when you were done. If you're appraisal price didn't/won't meet the 75%-80% LTV mark. What did you do? Other than paying...
Lisa Marie
Real Estate (especially STR) is not a get-rich-quick scheme
I am by no means an expert or even a veteran in real estate, but I have been on BP for a while and can’t help noticing that more and more people are coming on the board with a question like “I have decided to get into...
John B.
Chicago A neighborhood condo as first property
Hello,
I am 35, live in Chicago and work in the Loop for a demanding finance company. I never owned any real estate and have been renting a high rise one bedroom for $1,800 in River North with my girlfriend for the p...
Ed Goble
Catch 22 of No Down Payment for Investment
Here's the catch 22. My house (primary residence) is paid off. I have perfect credit. Regular investment mortgages would be easy to get..... if only I had a down payment, because they only cover 80% most of the ti...
Sebastian Hernandez
HOUSE HACKING - BEST ADVICE?
Hello BP Community!I am in the early stages of learning about Real Estate and the different strategies investor can follow to reach their goals. I have been very interested in the idea of house hacking because it is a...
Kevin OBrien
50% vacant multifamily property. What to offer?
Good evening BP!
I found an off-market multifamily property. The owner said that it has been mis-managed by a property management team who was new and were not able to successfully stabilize the occupants and it has ...
Kellan Martz
Planning to invest w/ several friends - buy & hold (turnkey or ?)
Background: Two friends and I have been meeting to discuss investing in real estate together. Pooling our finances and our risk is the reason, plus we work well together. We have run a nonprofit together for the last ...
Chris M.
Buy and hold deal not looking like it will meet estimates. Now what?
bought a SFH, with the intention of fixing it and renting. We are well into the renovation and things are not really looking very rosy. In hindsight, we allowed ourselves to put too much scope into the renovation...
Dave Kennedy
Starting with 20-30k
What do people recommend for someone who is just starting out in REI?
Flips on single families?
Foreclosures?
Wholesaling?
Buying a multi family house and renting it out?
Living in the Mass is extremely expensive, h...