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21 February 2025 | 28 replies
I moved from Portland, OR to Columbus OH for this exact reason!
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17 February 2025 | 0 replies
If you were a dispo wholesaler (a wholesaler who focuses on moving deals) what tips and best practices would you give to make solid and meaningful connections with acquisition wholesalers on BP?
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17 February 2025 | 8 replies
He's refusing to communicate because he wants you to panic and (a) release him from his lease, and (b) possibly even compensate him for the impact to his health, his requirement to move, etc.2.
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27 February 2025 | 314 replies
Assuming the sponsor is honest and competent, becoming adversarial really benefits no one.
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26 January 2025 | 7 replies
If you have a truly superior and/or unique product it will be easier to not have to compete with price.
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16 February 2025 | 6 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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26 February 2025 | 15 replies
Investment Criteria:• Budget: Looking for a turnkey or move-in-ready property between $30K–$100K in the Midwest or South (PA & GA are my current focus).• Down Payment: Planning to put down 15%–20% to keep my monthly payment low.• Cash Flow: My goal is to keep total expenses at $600/month or less (including mortgage, taxes, insurance, and property management).• Minimizing Debt: I want to avoid overleveraging and maximize cash flow from the start.• Property Management: Since I’m investing out of state, I’ll be hiring a property manager to handle day-to-day operations.
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21 February 2025 | 4 replies
Hey Angelo, welcome to the BP Forums.Wishing you the best as you keep moving forward.
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16 February 2025 | 2 replies
Hey everyone, Decided to move from Launch Control to Smarter Contact.
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27 February 2025 | 9 replies
He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.