Nick Cooper
Buying house with cash vs using loan (here me out)
So I’m currently in the market to purchase my first rental property, and I’ve been brainstorming for good ideas and I remember Dave Ramsey saying that he buys all his properties with cash which allows him to offer way...
Oke Tammik
Foreclosures increase? How?
Folks, I'm a bit confused on the latest foreclosure news, reporting that there was a 21% increase in foreclosures, MoM, in October 2020. I thought that there was a moratorium on foreclosures due to the CARES act? The ...
Cam Jimmy
Which type of loan makes the most sense to a buy & hold investor
Example... Which would you (you meaning real estate investors out there) prefer,1) 15 year loan @ X% that yields a $200 a month positive monthly income on a 4-plex, or2) 30 year loan @ X+% that yields a $900 a month p...
Joel A.
California Eviction, chances of recovering judgement
So I’ve been dealing with one of those ‘tenant from hell’ types for the last couple years in my SFR in Moreno Valley, CA.
He’s been violating city codes by illegally operating an auto repair business on the premise...
Brian Legg
Newbie Business Plan for Buy and Hold Rental Cleveland Ohio
Hi!I am sorry if this is annoying to ask, but I am a complete newbie and for now I am relying on this community to be my mentor. In short i would like to buy my first multi-family rental in the next 6-18 months. With ...
Richard Haiber
Discounted Cash Flow Analysis
Quick question on discounted cash flow analysis for anyone who has any input on the topic.Say we are dealing with the following hypothetical scenario:T12 Actual Income: 1,000,000T12 Actual Expenses: 475,000T12 NOI: 52...
Suresh Kannan
Dear California Rental property Investors
Dear BP Family,I am looking for Cities in CA, to invest in rental properties, all the calculations I learnt from BP and elsewhere is not making sense in almost all the properties I have been searching(mls, realtor sen...
Richard Graham
Is this Fraud
I have a co worker who wants me to help her. Her and her husband are divorced the note is in his name only but they are both on the deed. She lives in the home he does not. They went through the trial loan mod but h...
Kyle Spinale
FHA Loan
Does anybody have experience taking out an FHA loan? If so, could you please describe the process of getting it (i.e. requirements/screening process). Also, how has it treated you? By that I mean, would you prefer thi...
Pete Harper
1031 into upREIT
We did a 1031 exchange into a 10 unit apartment building. The property is underperforming the other properties in our 40 unit portfolio. We've been consolidating our properties closer to our home location. This is...