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Results (10,000+)
Travis Myers New To Real Estate Investing
9 December 2024 | 5 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
Benjamin Latusek Local investor and property manager Introduction
6 December 2024 | 6 replies
It is a great community down in Iowa.
Joe S. What are your thoughts about Prenuptial agreements?
6 December 2024 | 51 replies
All this can render a pre nup irrelevant in community property states.  
Johnny Lynum Thank you BP for the Editor's pick for: "The Best Financial Advice..."
6 December 2024 | 0 replies
Grateful to be part of this amazing community of go-getters and game-changers.
Constance Kang My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
The resources we had:- a bank (conventional) that lends money up to 35k for 650 credit score- hard money lender with APR 120%- seller/community (who acts like he doesn't want to talk at all)- a real estate mentor that costs $35K to useThe "answer" to this exercise was:Use personal credit to borrow from the bank and spend the $35k on mentor, and then mentor has the "connection" with the community bank to negotiate a deal and brought a 70K property for 40K with FMV of $140K.
Seth Rose Out of state BRRRR steps
4 December 2024 | 31 replies
Look into markets with steady growth and affordable prices, like Indianapolis, Kansas City, or Chattanooga.You can build your team remotely by contacting property managers, realtors, and contractors online, though meeting in person can help strengthen relationships.Focus on your strategy (buy-and-hold, BRRRR) and use platforms like BiggerPockets to learn and connect with others.
Denny Knapp How do i know how much the rehab will cost?
7 December 2024 | 14 replies
Quote from @Denny Knapp: Hi BP community.
Kerry G. What are good resources for short term rental laws
5 December 2024 | 10 replies
I would start with the code & zoning department for your community
Bridger L Logan Any success with rent by the room?
15 December 2024 | 59 replies
Rent out to roommates so I employ the "rent by the room" essentially.Pros:insane cash flowif your room offer is much better value than other places to live, tenants will stay awhilea small community can be built when your tenants become friends with eachothernever ending supply of tenants (at least in my area)Cons:CAN BE management intensiveWILL BE management intensive until you gain experience and know how to manageIf you employ this strategy, the BIGGEST risk/liability mitigator is being VERY clear from the start about your expectations and that you will evict if new tenant doesn't follow your rules.With my setup - I furnish the rooms and have all utilities covered. 
Timothy Franklin First time funding?
11 December 2024 | 8 replies
Note: Our initial goals are to wholesale to build immediate working capital (targeting $150k) and hold for cash-flow to build 10k/mo FCF (free cash-flow).We have made some cash buyer connections, identified and underwritten potential deals on hundreds of current deals, and developed professional relationships in our target community (cleaning, construction, governmental).