James Carlson
18 offers, 12% over list price .... Market going bonkers again?
30 June 2024 | 54 replies
We're also entering prime real estate times-- Q2.
Jon K.
How much do you pay for drywall guys?
1 July 2024 | 58 replies
If a "real" drywall guy could do it for only $30, I'm in.
Grayson Grzybowski
Finding Market appreciation values
25 June 2024 | 4 replies
I have looked on the Cence.gov website and had a lot of trouble trying to find a chart or values.
Jack B.
Should I let my tenant pay for this AC repair?
2 July 2024 | 8 replies
I’m sure there are 50 AC technicians on BP to give you a real estimate.
Ornella Jimenez
Accredited real estate investor
25 June 2024 | 5 replies
I am an accredited real estate Investor
Damion Brown
Heloc Vs Hard Money Loan
1 July 2024 | 6 replies
Each option has its pros and cons that can impact your investment strategy and overall success.HELOC (Home Equity Line of Credit)Pros:Lower Interest Rates: HELOCs typically offer lower interest rates compared to hard money loans.Flexible Terms: You only pay interest on the amount you draw, providing flexibility in how much you borrow and when.Revolving Credit: As you pay down the principal, the available credit replenishes, allowing you to use it for multiple projects.Longer Repayment Periods: HELOCs often have longer repayment periods, which can make managing payments easier.Cons:Qualification Requirements: HELOCs require good credit and sufficient equity in your primary residence.Secured by Your Home: Your primary residence is collateral, which means a default could risk your home.Variable Interest Rates: HELOCs often have variable rates, which can increase over time.Hard Money LoanPros:Easier Qualification: Hard money lenders focus more on the property’s value and potential rather than your credit score.Speed of Funding: Hard money loans can be approved and funded quickly, which is beneficial in competitive markets.Flexible Use: These loans are designed for real estate investments, making them suitable for purchase and renovation costs.Cons:Higher Interest Rates: Hard money loans typically have higher interest rates and fees compared to HELOCs.Short-Term Loans: They usually come with short repayment terms (often 12-24 months), requiring a quick turnaround on your project.High Fees: Origination fees and other costs can add up, increasing your overall project expenses.For a BRRRR strategy, a HELOC might be the better option if you qualify and have sufficient equity in your primary residence.
Tomcy Varghese
Experienced real estate agent in Houston to purchase land
27 June 2024 | 4 replies
Hi, I'm an out of state investor looking to connect with an experienced RE agent to purchase unrestricted infill lots to develop a duplex. Ideally would love to meet and network with other developers in and around th...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
28 June 2024 | 41 replies
This means that the two of you bought/own a membership interest (partnership interest) in an entity and did not buy/own real estate, so it does not qualify for 1031 Exchange treatment.
Herminia Ojeda
Analysis paralysis...need help!
29 June 2024 | 13 replies
I recently sold a property and made a little bit of money, and I would like to redeploy the proceeds into buying more real estate.
Patrick Braswell
Seeking a confidence boost
29 June 2024 | 11 replies
Real estate investing isn't easy, if it were, everyone would do it.