Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Nick Frankus
Negative cash flow in lieu of principle only payments?
I have a seller willing to carry owner financing with no money down, principle only payments with a 2 year balloon. The payments she is willing to take would result in a negative cash flow when rented for the 2 ye...
Bonita Woodbury
Is wholesaling a waste of my time?? Where can I begin?
I'm a new investor and am using wholesaling as a strategy to build capital so that I can eventually scale to buy and holds. I felt very confident about this plan until actually working deals. Wholesaling is very time ...
Tori Trent
Do you keep or reinvest a property that's not quite cash flowing?
My husband and I bought a 3 bed 2 bath house in southern Utah during 2021 with a 2.99 interested rate. We fixed it up and rented it out when we moved to northern Utah. We are charging $1700/month but the property perf...
Michael Perry
What would you do in this situation? Sell, keep, something else?
Hey everyone, My name is Michael, I am currently a new Real Estate Agent in Alpharetta, GA. I became an agent with the eventual goal of buying rental properties and getting into flipping houses. I've been listening/...
Scott Innocente
Windsor, Ontario University Rentals
The University of Windsor is quickly becoming a hotbed for international students. Canada's welcoming immigration policy, highly-rated education system, and our government support system provide the perfect setup to ...
James Kampmeyer
Getting that first loan
I live in the Charleston/Summerville/Goose Creek area a South Carolina. I have just started looking for a bank and applied for pre-approval for a loan. Is this the best way to go about it? Or would it be better to fin...
Carin Kveton
How far do you go before you walk away from a deal?
We currently have a SHF (fix/flip) on the market with an accepted offer. Our plan was to close the deal and then take the proceeds to either do another fix/flip, or a buy and hold rental. However, we stumbled upon ano...
Richard Davis
Emotional Gut Check for a Rookie Real Estate Investor
So, I just started listening to the podcasts BiggerPockets and Real Estate Rookies to and from work and any time I am in the car. I read Rich Dad, Poor Dad. Now reading The Multi-Family Millionaire Volume 1. I am abou...
Brandon Gates
Chicago Real Estate Independent Contractor
Bigger pockets community,
Hope that you guys are off to a phenomenal start to your weeks. I have been in a pickle over the last few months on how I want to approach my next rental project. A little rundown on my curr...