Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
While these deals were successful, I realized that the cost of using hard money significantly ate into my profits.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
He testified that he used his personal bedroom exclusively forbusiness purposes but later testified that he slept and ate in his bedroom.
Burke Atkerson
Excited to finally join the community!
13 January 2025 | 4 replies
With over a decade of real estate investing experience and over 100 flips, I now provide private money & hard money loans. For my own portfolio I'm focusing on commercial deals and coaching fellow RE investors. I ...
Cassidy Burns
FIx & Flip Purchase - Final Purchase of 2024
24 December 2024 | 4 replies
We do not factor in capital gains tax in our final net profit projection Hope that helps!
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The biggest challenge was addressing unforeseen structural issues, which ate into the budget.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The biggest challenge was addressing unforeseen structural issues, which ate into the budget.
William Bohan
Long term landlord approaching retirement looking to maximize income
31 December 2024 | 18 replies
We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.
Scott Quinlan
Finalized First Investment.
27 December 2024 | 2 replies
We just purchased a duplex and filled it immediately at max rent in our area. We are ready to continue investing and are interested in traditional financing but want to learn more about Subject To and private equity a...
Helen Okoye
Finally starting out
18 December 2024 | 8 replies
Hello 👋 I’m so happy to join this forum, heard a lot about it on BP podcasts, I’m new to real estate and would love to connect with you all, share valuable information and insights and also grow together. Let’s have fun
Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
But he stuck with me I had a 1 mil credit line that they kept in place so I could make money it was on 90 day extensions for 3 years :( but if they had not done that I would have had to give them the keys back on a few commercial buildings I ate 250k negative cash flow on those buildings to make sure the bank got all their money..