I'm having quite the learning experience on my first "deal". Purchased an old SFH REO for rehab and flip. I used a portfolio lender that provided a "construction" loan with interest-only during the rehab which has now...
Quick Intro, I have been lurking in the shadows here, listening to podcasts and reading books for the last 8 months. My end goal is to reach financial freedom through cash flow. I am actively seeking fix and flips wit...
Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. . I had t...
Hi All,
I would like assistance on where to focus my attention for starting out.
Right now I have about 10k total in my checking and savings accounts, and have over 60k in credit lines (through credit cards).
My go...
Hey everyone, If you are in Dallas, Texas you have likely seen my story on the news over the last two days. A car crashed straight into my building and the fire department speculated they were going 120MPH! Needless t...
After having a bad experience with Flex Realty Property Management (See my other discussion on those scammers), I decided to see how far Mr. Jim Moody's audacity can go so I decided to take him on to sell my rental f...
Hello all,
I am interested in the topic of asset protection via an LLC. I am also interested in all of the tax benefits/advantages associated with claiming business expenses, so…. forming an LLC for a rental ...
Hello all! I was curious if anyone had any advice or opinions about investing in Cleveland Ohio at a distance? I'm new to real estate investing, and this seems like a good spot to start due to the low cost for homes t...
This is very broad so I just looking for some past experiences one may have had, I'm 25 years old and currently hold a solid union job in western PA about an hour north of Pittsburgh. The city I'm in is a depressed ar...
Hello BP community. I am very new to this website and I am very keen to learn about real estate and profiting off of house-flipping. Since I would like to move to California, LA when I finish sixth form ( High school)...