We are looking to get involved in both rentals and flipping. Most of the homes we’ve looked at will need at least updating but wanted to know where to start after making a scope of work. Also any general advice into t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1632840/small_1694707845-avatar-sarkisb.jpg?twic=v1/output=image&v=2)
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2047/small_1621345908-avatar-caranchsales.jpg?twic=v1/output=image&v=2)
John M. Pestorich, and I usually go by J.P. I have been lurking nonstop for a couple of days now and figured I better start up a profile. It appears to me there is a ton of knowledge and experience in here and it is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/720707/small_1621496067-avatar-scots4.jpg?twic=v1/output=image&v=2)
Hey BP crowd! I'm brand spanking new to the world of real estate. So new, I'm just closing on my first home (to live in, not invest in). I found a couple podcasts by accident on the concept of flipping land. One of th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/745647/small_1696287674-avatar-davidg270.jpg?twic=v1/output=image&v=2)
I'm a relative newbie to real estate investing, and trying to figure out which direction to take. I'm very time challenged, but fortunate enough to have savings that I want to put to work in the form of positive pass...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/771941/small_1621497052-avatar-tonyl68.jpg?twic=v1/output=image&v=2)
Hello BP community!
First off I want to say what a wonderful resource the BP forums and web site have been to me so far.
My name is Tony Le Claire and I am new to real estate investing and am excited to learn and g...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2611/small_1621346202-avatar-gspokengold.jpg?twic=v1/output=image&v=2)
:violin: Hi, my name is Carolyn. I've been in denial that my husband and I are a part of the mortgage crisis. We have a bad mortgage, true, but I feel like we were fortunate enough to chose bankruptcy over foreclosure...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/620871/small_1621493973-avatar-chinedumichael.jpg?twic=v1/output=image&v=2)
Hi, my name is Chinedu Michael Onuoha, you can call me Michael. I am new in REI, I purchased a Duplex last month and about to purchase a second one (cash) within Cleveland area. I am a full time Oil & Gas professi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/718234/small_1695818429-avatar-jlc1.jpg?twic=v1/output=image&v=2)
We (husband and wife) are about to acquire rental property and form our first LLC. From an asset protection perspective and a tax perspective, what are the advantages and disadvantages of choosing a member-managed vs....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/175121/small_1621421799-avatar-teamofna.jpg?twic=v1/output=image&v=2)
What do you do when withholding deposit money when a tenant leaves? I understand if there is professionals you have to hire, then that bill is easy. But what about issues, you take care of yourself? If you steam the c...