Lucas Bonasio
Paid cash for 5 rental properties. What now?
I have purchased cash 5 sigle-family rental properties in Texas (I live/work in New York).
The investment for all 5 properties together was of roughly $550,000. All properties are now rented, generating PROFIT of $35...
Wade Stahle
Rental Income during market decline
Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
Account Closed
Landlord came by to take photos with banker. Is this legit?
Random question regarding if this is a regular thing where a bank comes by with the landlord to take some general photos of apartments for annual reviews or something. He didn't snoop around it was hallway and living ...
Kenji Tominaga
Pending closing the deal due to the current tenant not leaving
Happy Friday!I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the cl...
Allen Masry
what happens to 500k
Hi, this is a little strange. I am just planning. It appears I may get 500,000 settlement in a few months. However, I was trying to think what is a good way to go with it. For example, if I do S/P top stocks, I cou...
William R.
My first BRRRR
I close on Monday for my second BRRRR property. My fist was a 3 unit building, so a bit different, this one should be easy. I am a buy and hold investor, so lots of people ask why I don't flip it. I am investing for...
Eric Ingersoll
Should I sell or should I hold?
A few years ago, I bought a single family home in Parker, Colorado. I bought it as a foreclosure and have rented it out for a few years. Since I bought it, it has appreciated significantly and now worth around 500k. I...
Jordan Rajchel
New to BP. Looking to start investing soon!
Hello everyone! My name is Jordan Rajchel. I'm from Jeffersonville, Indiana. Very close to Louisville, KY and I'm 30 years old.I am currently a computer programmer at a connector company in my home town. I enjoy what ...
Dave Smith
Understanding the numbers of the deal - when using HELOC
This is a cash buy from a seller. He is motivated, and the numbers look good, but I can't get my head around the impact of using my HELOC. Also need to understand the Quit Claim deed. Purpose is rental for eventual...
Mi’esha Watson
New Member.....advise on being apart of syndicated deals
Hello All
I am new to the forum. After hearing one of the podcast in regards to syndication deals I became very interested and did a little research. Prior I was looking into just getting investment properties for re...