Jason Stephens
Self Directed IRA
Good evening,
I recently have been looking to get started in real estate investing and now I am up to the stage of finding financing. My father has enough money to finance my deals in his 401k and he's 60 years old. ...
Ryan Norman
Deal Structuring for Free and Clear Property
Hello BP family. I'm working on my first deal after about 3 months of marketing, and need some advice on whether it is worthwhile. This lead in particular was generated via my high equity absentee owners list (500 ...
Katie Han
First-time home buyer: buy for myself or investment?
Hey community,As the title states, I am a first-time home buyer in Atlanta. My goal is to generate another revenue stream aside from my full-time job, so in the future I'd rent out the property instead of living there...
Steve Miller
how much can I "Afford"? :-)
I'm new to Commercial and finding it challenging to figure out how much sales price I can afford. Having bought and sold 5 SFRs over the last 15 years I'm not new to RE. I am new to commercial. I see properties I li...
Jason Barnett
Auction "Characters"
Today I attended my first sheriff's auction. I wasn't there to actually buy anything, I mostly just wanted to watch and get a feel for how it works when you go to one of these things. Over the course of 2 hours I st...
Account Closed
HELOC appraisals - why so low?
Hi everyone - is it common for HELOC appraisals to come in lower than conventional mortgage appraisals? Last spring my property appraised for $135k and this past fall it appraised again for $85k. No drastic changes t...
Tom Server
Blind purchase of a duplex
Would you ever put an offer on a property with out looking at it if it cashed flowed $1400 a months ? Here is the situation, the property would cash flow about 1400 a month.. tenants are not letting anyone view the pr...
Russ O'Leary
Extra rent for renting to a smoker?
I have an application from a lady that other than being a smoker, I would rent to.Does anyone know of anything that would prevent me from charging extra rent and collecting a larger deposit to protect myself from the ...
Arnuv H.
First time Multi Unit Investor with specific targets
Hi all, hope this finds you well. In need to generate $3k+/month net positive cash flow and willing to invest upto $600k in multi unit properties. I have one SF in Cali that i manage myself however thinking of going o...
Jack Srimani
Managing out of state property
Hi,
I am close to buying a out of state multi unit property. Any property manager charges ten percent of rent. I am wondering if anybody is managing his or her out of state property without keeping a property manager ...