Joe Kim
Houston we have a problem
I'm curious how other investors are feeling about Houston and Texas markets.Currently in my small to medium size portfolio of 9 properties over 5 states, I'm most worried about my Houston and texas properties.#1 Had m...
Francesco Barbati
$120k cash borrowed, now what?
I borrowed $120k from a family member to buy a primary residence for me and my family (I will pay him back $1k/m for the next 10 years, starting next month, or refinance if needed).Last night I was talking to my wife,...
Joshua Walters
HOA Foreclosure- Mortgage Payoff
I bought this home from an HOA foreclosure auction. The house is worth $650,000 (conservatively). The previous homeowner took out a mortgage for $275,000. Since I bought it from an HOA foreclosure auction, I know the ...
Jessey Kwong
Do I need to be "concerned" bout Big Pockets forum members?
I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
Peter Hans
anything wrong w/ RE that's breakeven cashflowing?
Hey :)
so the basic rule for a good REI is most of the time
100% finance w/ a cashflow of 100$ per unit
but what is wrong w/ buyin RE which is breakeven cashflow wise?
simple example:
-no downpayment
-100k credit a...
Erich Henson
net worth vs income/cash-flow thoughts
I've been investing in real estate for 15-20 years. I used the infamous BRRRR method to purchase beat-up single-family homes and turn them into rental properties. With my background as a mortgage broker, I was able ...
Joel F.
Apartment Building Dominican Republic
We currently own several rental properties in Florida (Miami, Jacksonville, and Tampa). We are looking to refi a few of our properties and to invest in building and operating an apartment building in the Dominican Rep...
Zachary Taylor
Looking For Recommendations Regarding Security Deposit
Hi all,I own a townhouse in Bellingham, MA that I have rented for the past four years. Our tenants lease came up at the end of December and we are now under contract to sell at the end of January. The tenants left t...
Benjamin Gonzales
To sell or not to sell.
My current portfolio-
Home #1 Cache, OK, Rented out for the past 2.5 years (VA loan)
Home # 2 Lacey, WA, Primary home for the past 2 years on the 23rd of December (VA loan)
Zero cash flow
Option 1- Sell my home ...
Saad D.
Is the 1% rule dead?
Hi All,I was wondering are you still using the 1% rule when doing quick and dirty new deal analysis? Is anyone out there still able to achieve the 1% rule and in which markets?Recently I noticed I get to 0.7 or 0.8% a...