Alec Hilliard
1st Lien HELOC On Investment Properties?
Does anyone know if it's possible to get a 1st Lien HELOC on investment properties? If so, what banks/lenders will do this? Any lenders have insight into this?
Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Andrew Merritt
Accumulating Rental Properties
I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
Jessica G.
People saying to find "investor friendly realtors" - question
I've seen many times the advice given to find "investor friendly" realtors to help you find properties. I have two that I'm currently working with in two different counties, both investors themselves. The way it has b...
Brandon Sturgill
What % Do You Use for Expenses & Vacancy on a Rental Property?
Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
Dustin DuFault
Junior Lien Issue On My Foreclosure Purchase...
Hello - I'm hoping someone on BP can point me in the right direction.I bought and rehabbed a home at a foreclosure auction. I now have the home under contract for sale, but it appears I overlooked an issue with a juni...
Dan Burstain
A move from California to Texas could save a million dollars. Many Americans are opti
A move from California to Texas could save a million dollars. Many Americans are opting inSwapna Venugopal Ramaswamy USA TODAY July 4, 2023https://www.usatoday.com/story/money/2023/07/04/california-to-texas-move-risin...
Alan Mills
BRRRR = BRRSRR Thoughts
Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
Robert Coomer
Apartment Building Question
Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...
Account Closed
When buying rentals - Is Cash flow your only consideration
When purchasing real estate as a rental. Most of us will spend a considerable amount of time to insure that it cash flows. Not so many years ago I ran into investors that paid much less attention to cash flow and th...