Dan Shuder
Just starting out, but have a plan
10 February 2025 | 10 replies
Are their listings detailed with good-quality photos?
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.
Jonathan Small
2 Bedroom 2yr Rental Into Flip
21 January 2025 | 2 replies
The profit was used to buy a higher quality SFH in the same area.
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
The proformas are utter nonsense because they know the product is no longer a viable investment.
Ken M.
How To Know If Your Flip Might Be Successful
7 January 2025 | 2 replies
You can go to Redfin or Zillow and see the level of finish houses with short DOM have in the area, can you at least match that quality?
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
@Ofir R.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jacob Riddle
Hey everyone!! im new and READY. located in flint
26 January 2025 | 5 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.
Richard Rafferty
Multifamily Owner Working On First Syndication
7 February 2025 | 10 replies
I thought it gave a great perspective on what investors will be looking for from a quality syndication.