I launched an MTR in Asheville, NC in mid-2018. The home is a 1-bedroom and is about 10 minutes away from both downtown and the largest hospital in western NC (i.e., Mission Hospital). MTR was hardly a concept back th...

Hi BP CommunityI am looking to teaming up with a reliable contractor for my rehabbing homes business, but are contractors reliable now a days?What do you look for on a contractor you plan to work with?Is it fair to sa...

Good morning all. I'm a rehabber as well as a licensed agent. However, I'm looking at using a flat fee service for a property I own as opposed to listing with my broker. I have two questions:

1) Does it make sense to...

Anyone had any experience with this fellow Than Merrill?  His group came through our town and made an interesting pitch.  Google searches say the first seminar is pretty good info, but the real pitch is the $40k upgra...

Hi folks,I've searched the forums but cant find the answer to this question: I bought a rehab Sub-to and we closed on July 9th 2015. The mortgage is current and the taxes have historically been paid by the mortgage co...

Hey BP!I was studying Real-estate and a question came to my mind. When determining if a potential house will be great for house hacking what is the criteria to look for? Should i be using Cap rates, COC return, or whi...

Hi Everyone,
I converted my 2-flat apartment building into a legal 3-flat using a cashout.
Appraised at $425k, new mortgage at $2330 at 4.35% currently owe $305K now.
Property may conservatively appraise at $525...

I am sure you have seen it on the news, but I live in the middle of Illinois where a major tornado destroy several hundred houses. I was hoping to purchase my first distressed property in the next month to flip. My...

Gas is really expensive for this time of year and the dollar is getting cheaper. Will the average hit $5/gallon this summer? If so, what will it do to our economy?

Edit: Title should say GAS...not oil. Hopefully o...

I hate HOA's. I always have. I always will.  However, others must love them because they are built.  People buy.Question:What are the pros and cons of flipping in an HOA?