Gary Thao
FHA and Cashflow
I am looking at purchasing a fourplex with an FHA loan as my first investment. Fourplexes in my area run for $350k+. I am doing my anlysis right now on several and don't see how purchasing a fourplex can cashflow (oth...
Spencer Gracia
Negative ROI!?! Are my calculations off???
Hey Guys I am a rookie investor (Still have not purchased my first investment property.) I have had some issues calculating ROIs. I am in the Los Angeles area however I have been looking into investing in the Memphis ...
Zhitao Cao
Is Texas too hot to make sense for investors?
Recently I am looking into Texas SFH market. It was as hot as bay area several years ago, no, actually even hotter. A new listing came up during Xmas day, and today there are more than dozens waiting in line for open...
Michael Cabaña
Things to do to receive maximum appraisal value
Hi BP,My wife and I are going through a cash-out refi, and are having an appraiser come to our home within the next week. Please provide any DIY tips on how to receive the maximum value for our house. Your feedback is...
Rich Hupper
Passive day to day income
Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...
Sylvia Dong
Use security deposit for late rent?
One of our tenants is late with her rent. She paid 50% last month and has not paid this month. She asked me to use her a portion of her security deposit (1.5 months rent) to cover the half month rent for last month. ...
Edward Kuk
High-income couple ... BRRR or not?
Nice to meet everyone. I'm very new to real estate investing (i.e., 2 weeks) but pretty thankful that I found this site and appreciate all the information this community has provided. Quick background: My wife and I a...
Terrez Jarrett
Is it possible to make money on $45,000 property?
hey BP members, I have a property that has a sale price of $45,000 and they are selling As Is. Am I correct in my assumption that I need to basically do thorough research on this home because there my be some issues u...
Sam Leon
A laundry party...Really?
OK I am a nice guy. I pay for the water at my apartments. I don't charge for the use of the fourplex's washer & dryer.Last weekend I was there one evening, and noticed one of the tenants was having a party. The...
Crystal W.
Earnest Money Dispute
Hi, All. We are currently in an Earnest Money dispute. We were set to close on a vacation/investment property and at the 12th hour (literally 2 weeks prior to us thinking we were to close), our lender said the prope...