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It seems to me that many people are comfortable with long distance investing. What made you make the leap to long distance? What was your first area you invested in and why (the why is what I want to know)? How did ...
Hey BP! I am just getting started in both the real estate and BP worlds -- I love the fact that, as owners, we have the ability to pull on different cost-levers to increase the performance of our properties! I have a ...
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Hello everyone.
I have a potential flip in a desirable area. It is a Freddie Mac owned property in a town about 20minutes away. I have seen the property, run the numbers, and see it as a very good investment...
Sioux Falls South Dakota has no shortage of house flippers and re-modelers. But it seems like a large chunk of people aren't investing in cash flowing rentals. Why is this? Obliviously there aren't none of these indiv...
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Hello everyone. I am scheduling the course I need to take in order to become a licensed real estate agent. The goals are....#1. Use this profession to get as involved as possible in real estate. #2. Raise cash to...
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I just bought two duplexes which I discuss in the forum post here. I normally do the demo work myself, but since I'm working on some other things at the moment, I decided to throw an ad up on Craigslist and see if I c...
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Hey BP,
I’ve decided to try my first flip, and have had an offer accepted on the property. Its not a great deal, and will not net huge profits, but let me know what you think.
House- 51,000
Closing (est) – 1500
...
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I would like to start off by saying thank you all for providing such a wealth of knowledge on this site and via the podcast. This is my first post and it definitely will not be my last. A couple months ago i was direc...
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I am thinking about an SD IRA for the purchase of a rental property and my question is, I know that all of the rent payment goes back into the IRA but once it is paid off does the payment continue to go into the IRA o...
I'm a reluctant real estate investor (I bought a rental property next to my house not because I want to be a landlord, but the previous owner agreed to sell for a low, low price, and I wanted to control the house next...