Devan Mcclish
Closed 3 Houses Today!!! $$$$$
Today was a day that we all look forward to in real estate. It might not come very often, but when it does, it's a great day. It's called payday! I closed three houses today alone. Below I will walk through the deals ...
Vinh Nguyen
Is it ok to make lowball offers as an investor?
Hi, I just finished listening to an episode on biggerpockets and the guest (investor) on there said she often makes lowball offers and hoping one would stick. I do love that idea; however, my question is does that com...
Michael Calvey
What’s keeping you from investing in real estate right now?
I’ve been seeing a lot of articles with people (millennials, mostly) struggling to buy properties, whether it's their first home, or for investing in real estate. Curious what has been the experience here. If you’re m...
Christine Swaidan
Long term tenants
We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
Muhammad Rehan
Need advice regarding which areas to target for out of state investing
Experts, I am looking for some pointers which areas to target for my 2nd rental property. I am based out of California.$$ Range = max 250kDown payment = max 25%Goal = Positive cash flowBelow are the areas i have done ...
Account Closed
Why John & Jane Smith Can't Afford To Buy A house - No, it isn't interest rates
Don't blame everything on interest rates - It's because wages haven't kept pace
My wife and I bought our first house in Seattle in 1986 for $78,000. It was in a safe, desired neighborhood, post card view of downtown,...
Adam Butt
Are we in a housing market bubble that is likely to burst?
I have been following real estate for several years now and actively engage with real estate investors globally, both professional institutions and general portfolio managers. The common theme amongst those who buy an...
N/A N/A
Offer price in a buyer's market
We're newbies...go easy! :D
We're about to buy our first investment property, a duplex with excellent income. It has been on the market for 200+ days.
We're making an offer soon. Is there a rule-of-thumb for t...
Seth B.
Is my cash flow really $135.75/month?
I bought a duplex a couple of months ago. Here are the numbers:
Purchase price $85,000 (I put 25% down)
Monthly payment including taxes and insurance is $585/month
Total rent for both sides is $1,...
Hau N.
Should I walk away?
Hello BP members,I need your help analyzing this deal. I have a feeling what you'll tell me but I just need to hear it so I can walk away from it. It will be my first deal. I've been looking into MF 2-4 units but ...