So a friend I worked with flips homes on the side and this year is on path to make 750k (legit money esp for a side gig) and he told me one of the best ways to build up income for someone with limited capital is to bu...
Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
New to the forum, curious how many people started out with a mentor. I am 21, a recent college grad, law school bound. REI has always been a goal of mine regardless of any other job. I have capital, no debt and excell...
Hi members, I'm a long time listener of the podcast, first time visitor of the site. Pros and cons of this offer: 60k down (10%) for 6 duplexes in Indianapolis All the duplexes have tenants in and bring in 1,100 p...
I am on my 4 SFR flip. So I have just enough experience to think I know more than I do. We are repainting the existing kitchen cabinets. According to the painter he has put 4 coats of primer and 2 coasts of paint (whi...
How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
I am in escrow on a property that has a solar lease agreement in place with a company called SunRun. The property was foreclosed, so the agreement appears to be null and void, though we have the option of assuming the...
***think AA meeting*** Hi my name is Maria and I am guilty of being a softy landlord. First step to recovery is recognition right? How often do I raise rents? I have been used to renting during the recession. I have ...
Hey BP friends,I was wondering if any of you had invested in Airbnb properties overseas, and if so, if you had some comparable metrics with some US-based markets? Average PP, Vacancy, ADR, ROI, tax advantages, etc.I'm...
About 10 years ago, I sold a house with seller financing. I closed at a title company. They recorded my deed of trust (mortgage). The buyer stopped paying me. I discovered that she sold the house a few months ago b...