Tommy Benson
To start a LLC or not to start a LLC that is the question?
8 December 2016 | 25 replies
Tommy, If you search the forums here, there are some great ones already (and exhaustively) discussing pros and cons of obtaining LLC.
Kirk B
This isn't easy
23 April 2009 | 31 replies
I am just concerned about your approach because I think I would exhaust the supply of "For Sale" 1-4 unit investment properties in my target areas in 2 weeks.Also, I am new, and less confident in my decision/offer making ability.
David Medina
Life has gotten in the way
18 August 2019 | 22 replies
Literally exhausted at the end of the day.
Account Closed
Why Houston Is A Great Place To Invest
16 September 2019 | 26 replies
For example: "Hey BP, I have been doing some research on Houston and found these statistics: there are X number of military bases, there are X number of universities with aprox Y number of students, etc.... my list is not exhaustive, but, I would love to hear from BP about what I am missing or getting wrong/right, or any other juicy data that would be helpful for encouraging investment in Houston.
Daniel Allison
New to the Charleston SC area
28 November 2016 | 11 replies
I actually have a workshop that day in downtown Charleston, but if we're done in time and I'm not completely exhausted I'll definitely stop by.
Derek Shipman
experienced bpers chime in please-growing your flipping business
29 January 2014 | 6 replies
good afternoon bpers-just wanted to get some advice from the experienced investors on here.let me give you my story**2002 to 2004- (idiot phase)-as a newbie i use my perfect credit to buy 5 homes in dekalb county,ga at prices between 80 to 100 k and put them on section 8-still working a full time job**2005 to 2007- i kind of start to acquire a lil knowledge in buying and rehabbing .i do most of the non skilled work (painting,sheetrock.landscaping etc and hire reasonable contractors for plumbing ,electrical etc. i easily replace my job income by simply selling 3 to 4 rehab homes(using hard money) per year- so i quit my job and am now a full time real estate investor**2007 to 2008-credit is still great at first however as the deals start to dry up and section 8 tenants begin to move -i have to go in remodel the rentals i have for new tenants and instead of being worth the 80 to 90 k i still owe-the rentals are now worth 30 to 40 k.i carry the wieight for about a year until i exhaust all my savings-at a certain point i cant do this any more -let all credit go (houses,credit card,cars -all of it-so now credit is too**2009 to 2010-i realize this market is actually to my benefit.i approach my main hard money guy and ask him to finance several of these low priced homes in 2 year cycles.the agreeement is i will buy 3 to 5 rentals at a time for 20 to 40 thousand dollars.during that 2 year cycle i would then go rent those houses at 850 to 900 per month-his payment would be 300 to 400.i would live off the difference.then i find other fixer uppers and do a great rehab then sale.all the profit would go to paying off the rentals.**2010 to now (worked myself to death)-basically i have been paying off between 2 to 3 rentals each year-because all of the profits go to lender i have pretty much been working nonstop -but on the flipside now i own 11 houses outright.i owe the lender on 2 more rentals (about 70 k) and clear about 10 thousand a month** now my question-if you were in my shoes -taking into account my credit situation -what would be your strategy to leverage your assets to pull yourself up from doing 6 to 10 deals a year to 12 to 20. i realize i will only get so far spending 80 percent of my time doing most of the work like i have been
John Reynolds
Justin Williams’ House Flipping Formula
17 June 2019 | 33 replies
In fact, when I first asked the group for paid marketing advice, one of the seven figure members told me I should exhaust the MLS and wholesalers first.
Marc Reynolds
Newbie from New Mexico
13 May 2018 | 3 replies
In 2012, I moved with my wife and two kids to Malaysia to start a software consulting business, which was a huge rush and an awesome experience... but it was also exhausting.
Steven Koch
[Calc Review] Help me analyze this deal
19 January 2020 | 6 replies
I need to exhaust all avenues of creative thinking first and maybe show him by teaching him and pointing him in the right direction, so he comes to his own conclusion that it is a bad deal and then find a good deal.
Daniel Bronstein
Inherited a condo should I rent as an LLC or under Personal
3 August 2021 | 2 replies
Insurance policies are exhausted in a a claim.