David J.
Do you trust tax returns? - need advice
Working on buying a 20 unit apartment building. I thought all the numbers made sense on my detailed pro-forma estimates. It was hard to lose with this thing. A cash flow beast! ... then I see last 4 years of owner tax...
Carrie Giordano
Loan Advice for First Commercial Property (NNN)
I’ve been investing in SFH for the past 10 years and recently got an offer accepted on my first commercial property. It’s a NNN in Louisiana. From lenders we have spoke with we have only been offered 5 year fixed loan...
Daniel Koenig
Found potential deal; where to start?
Hello fellow die hards!I am in the home remodeling business (sales) in San Diego, CA. In this business, I often speak with homeowners who share their intentions to sell their home with me......before notifying anyone...
Jordan Sitzler
The flip or rent question in my shoes
Hey, BP! My wife and I have closed on our first ever property, investment or otherwise. We bought it through a hard money lender at 1%/month and 10% down. What I am now trying to do is refinance it so I can have my...
Luis Castro
Looking for ideas and advice
Hello,I currently own two rental properties, one in Honolulu, Hawaii and the other in Navarre, Florida. Both are rented out and producing income. The thing is that I have very little cash reserves and I am worried tha...
Jack Jones
How to get started/mentor seeking.
Hey all,My name is Jack Jones and I am 22 yeas old and was in the army from May 2013-May 2017. I have just gotten settled back in my hometown of Vancouver , Washington and my baby boy was born on June 23rd :). So life...
Eric B.
Multiple people in a partnership advice
The scenario is me and 3 of my friends are looking to take the leap into real estate investing. We plan on buying a SFH with owner occupied financing and live there ourselves for at least the first year until we get o...
Rob Estes
$350K in home equity credit....how would you invest it???
So basically the title says it all. I have approx. $350,000 in home equity that I am looking to reinvest. I wanted to get suggestions from those of you with much more experience then I have. Right now, I have a rental...
Arturo Borges
Creating a Pro Forma
When underwriting a potential investment, do you utilize the T12 and based off of it you create the Pro Forma? Or you shouldn't mix them up.Thank you in advance!
Riku Kiyokawa
Buying home out of college
Hi all,I will be graduating from college soon and am thinking about buying a home as a primary residence/investment instead of renting. I plan on renting out the extra rooms. What are some of the pros and cons of buyi...