Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...
Offer Accepted: Almost $2 million under appraisal, but can we fund it?I fund most of my deals through some type of pooled investment, whether I raise money on a deal-by-deal basis or through a blind pool fund. It ca...
Hello BP,
I am having difficulties renting out my property in the winter. I have had two applications. It is a couple, one has a good credit, almost hits the income required, good credit score. Her Boyfriend isn't th...
Hey Everyone!I can absolutely credit BP for helping me get my start in Real Estate, and taking me on a life path that I could have never planned. As part of that path, I recently sold my Property Management business a...
Right now could not be a better time to buy a home! The primary difference is right now in the state of Colorado we are not "down" we are just slower than the last 5 years that have been historically high! It’s reall...
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
If you had 600k to start in rental property investing, what kind of home would you go for? I will have that much available to me in one year.
To give some more info, I live in San Diego where you can find a 1,000-sq...
This market is on overdrive. Who is taking chips off the table?
I'm interested to know how old you were when you bought your first investment property? How did you obtain the financing and credit needed to buy a property, especially if you bought a property when you were really yo...
Hello all. So I live in the south bay of Los Angeles (Torrance/Harbor Gateway). My primary property is a 3/2 1266 SF home on a 7500 lot. We have in a hand the permit to build a 3/2 1100 SF home in backyard. I I can ge...