Hi all,
After months of lurking, reading, and researching, my fiancée and I finally have an accepted offer on a triplex. We are going FHA with a 203k loan. The property has had a recent renovation on two of the units...
As I mentioned in a separate post, I have no problem with deal flow. I have established a reputation and track record as a successful apartment owner-operator and brokers know if I make an offer, it's as good as done....
I am 18 years old and graduating high school in a few weeks. I’m going to community college and plan to transfer into a 4 year school and get a bachelors degree in finance. I’ve worked as much as possible in the past ...
I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
Why did you decide to retire at that point?What kind of cash flow did you have?What kind of equity did you have?Did you relocate to a lower cost of living area to do it?Did you move into a house hack situation to reti...
Hello everyone! I just found out about BP through a search online a while back but I haven't been activate for a couple of years here. A little bit about my experience in Real Estate… I started a couple years ago doin...
Hi everyone,First, thank you to everyone for making this forum such a useful resource. This is my first post, but I was using BP for a while and learned a lot from all of you. About myself. I am starting my business o...
I recently bought a duplex that I plan to convert to a fourplex. I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up ...
Hey BP! I have not posted in BP for many months, and I miss it. I really enjoy posting topics that break down our failures and troubles so that others can learn from them.Based on the title of this post...$135k Fix ...
Hi All,In advance, thank you for any and all help/advice you are able to provide. My fiancee and I have an accepted offer on a duplex in San Diego, very close to San Diego State in a great neighborhood. The terms of t...