Hey all, I quit my W2 6 months ago with solid reserve set aside and a proven business model. My business is going well and my wife was being offered insurance as a part time RN, but as of December 31st they are resci...
Hi everyone,I should have $10,000 saved in the early months of the new year. I live in the Midwest where real estate is cheap in comparison to other parts of the country. I’m leaning toward buying a single family clos...
So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
There's a lot of uncertainty floating through the air recently.When you speak to hundreds of investors each month you begin to notice trends.With the recent down-turn in the stock market, speaking with investors recen...
Hello BPers,As we all spend time analyzing deals and determining “flip” or “buy and hold” I was wondering if anybody here currently runs their numbers anticipating another major market correction. I am not sure if an...
Just getting my REI business launched and one of the goals is to acquire Buy/Hold property under our LLC (We want the property deeds under our LLC name for personal asset protection)
We have sources of short ...
I'm running some calculations on a duplex that I'm looking at, and things don't seem to be adding up. This is my first real estate venture, so I want to pose the question to the community for advice.The duplex is in ...
Hello! My wife and I are new to the REI scene and actively looking to make connections, deals and grow our portfolio. We just recently bought a duplex and am owner occupying. The tenant side was already rented out and...
Our company typically flips one property at a time. We try to get 4 done per year. We have set our goal to be flipping 6-8 homes per year over the next 3 years while also holding properties as rentals. The problem we'...
So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...