Kendra Ellis
How I paid off my 1st Investment Property In 1 Year
Investment Info:
Mobile home buy & hold investment.
Purchase price: $8,000
Cash invested: $8,000
I bought this trailer on a 1-acre lot with the insurance check from my hail damaged car for $8,000...
Patrick Connell
Are Slumlords really that bad...
I was driving into the office today and had this thought.....are slumlords really that bad? Hear me out and then you decide.
I think it's safe to assume that most of the folks on BP would consider themselves ...
Account Closed
In State or Out of State
Help me with a dilemma BP...I live in Oakland California where the market is the highest its ever been and I want to get started in REI. I have come up with 2 options and need some advice as to which one is smarter.Op...
Kenneth Jiang
Newbie Property Developer - Seeking Guidance
Hey everyone!
I'm diving headfirst into property development here in Chicago, and honestly, I could use a little help from the community.
Here's what's on my mind as I kick off this journey:
Finding the Right Deal:...
Matt Toeneboehn
Physician loan vs. VA loan
Hey everyone,
I'm an active duty, military physician and have an upcoming move in JUL2022. I'm tired of paying rent and hope to house-hack and continue to invest in rentals in the future. I'm married, have 3 kids, an...
Chris Gawlik
Whats it like to invest in C or D class properties?
I think with the economy the way its headed there is going to be a need for more affordable housing.
Wanted to hear from those of you who are successful in the C and D class property niche. How many properties do y...
Russell Gronsky
Basing CAP rate off projected income
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Ersi Bice
How BAD is it investing in the ghetto?
So obviously the "hood" is not the ideal place to invest in rental properties but how bad is it really? Can someone brake it down for me? What are the Pros and Cons and do the Cons out way the Pros or does it depend?...
Lennox Matsinde
What's a dead giveaway that my agent is lazy and inefficient?
I recently got an agent referral from a coworker. We hit it off so i asked the guy to help me find a home. From there he referred me to a one of his preferred lenders and now i am completely pre-approved for a mortgag...
Dillan Gomez
First-Time Investor: House Hacking with a 5/1 ARM?
Hey All!I'm planning to purchase my first SFH and do a house hack at the end of this year to get into the REI game! A local lender has a first-time homebuyer program that offers 0% down with no PMI and $2k towards clo...