Shelby Van Horn
First Flip - Trying to Avoid a Huge Mistake
10 June 2024 | 9 replies
Although I have been following and learning from BP for years, we are both brand new to this, and I think we may be about to pull the trigger on a mistake, and I was hoping to get advice here before I cancel our offer.The property is in the 30349 area of Atlanta.
Nilusha Jayasinghe
Are we paying too much for a house hack?
10 June 2024 | 15 replies
We got it for $635k, thinking we'd be able to rent out 2 of the units (including basement) and live in one.
Noah P Bonds
Has anyone successfully sued their loan servicer?
11 June 2024 | 18 replies
I think I'll just continue to pester them.
Mubasher Riaz
Where to find wholesale contracts online?
11 June 2024 | 68 replies
I think I mentioned it once when we were talking, but here's the link to all their forms and contracts. https://www.ok.gov/OREC/Contract_Forms_and_Related_Addenda/index.html
Tobi Isaacs
Has anyone built (from ground up) a house for a short term rental?
10 June 2024 | 4 replies
But a good piece of land for an STR should be gone, so you would be buying land you think is good, but might not be.
Eric Clapp
Getting Started in my Real Estate journey!
10 June 2024 | 12 replies
Still not sure what direction I'll go, but STM is definitely on the table - thanks for the insight.Do you think cash flow opportunity changes if you are able to purchase higher priced properties and get good rates/put decent down payments on, or is it just a Denver/high price city issue.
Chris Heinmiller
Tax Deed to BRRRR
10 June 2024 | 0 replies
I think I've built out a pretty sound investment strategy but I wanted to get everyone's input.
Harold Albertson
How to Structure a Private Loan to My Son for a Fix and Flip
11 June 2024 | 5 replies
I would, personally, let him exhaust all his funds on the purchase and then you come up with a loan that finishes off the acquisition financing and then holds the rehab funds in escrow in an account you and your brother sign off on for withdraws.I do not think I'd put a lean on the property.
Danny N.
Need Feedback on Single Family Home Rental Performance in Bay Area
10 June 2024 | 19 replies
I have till mid-late 2025 to sell without capital gains tax (< $500,000 couple).I'm trying to figure out how to improve the performance of this property and have some thoughts about it, but would love to get feedback from other REIs.Option 1Add a ~800 sqft ADU in the backyard which I think costs ~$250/sqft (total $200,000) and I think could rent ~$2,000/month.