For those of you who haven't already heard the news, there is SDIRA-Killing Legislation in the House Tax Bill. Tax Attorney/Investor John Hyre, has put together a website that describes the impact of this bill on all ...
Hi everyone,I'm currently looking to purchase an owner occupied 4 plex in the salt lake area. The prices for your run of the mill 4 plex here are on average upwards of 300k with rents coming in around 700 - 750 or so...
Hello BP gang. I'm new here to the forum, just joined a few weeks ago and wanted to introduce myself. I recently got started wholesaling in the northern Virginia area, and it has been challenging. I've been at it f...
Hi all, I'm new here so please excuse me. I'm sure this may have been asked before but I'm having trouble finding the references. I currently own a side-by-side triplex income property in the Toronto area. It has good...
Hi everyone and Happy Thanksgiving!
I was browsing Banked owned REO's on realtytrac and I noticed some are listed as "For Sale" but MOST are not.
Am I still able to make offers on the ones that are not for sale? Does...
Hey BP! I’m trying to wrap up a deal and I’m running into a few things. Figured there are a lot smarter people out there than me, so I wanted to see if we could figure out a way to get the deal done! I have an owner (...
First off, I hope anyone reading this is staying safe and sane in these particularly chaotic times. While this post does not pertain to the current pandemic taking place, I think it’s so great that there are platforms...
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...
My plan is to buy 4 4 plexes over the next 4 years. Im living in my first one currently. In my area they sell for 700-900k. So after 4 years I’ll be 3-4mil in debt to the bank.I’m a avid listener to Dave Ramsey, I bel...
So I posted a while back about renting out my home with negative cashflow, and potential for a much higher equity gain YoY. I got quite a few responses, with most leaning towards the idea that negative cashflow is nev...