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I have a goal of purchasing my first property July 2025. I'd love for that to be at least 20+ units and I'm curious how some of you financed your first deals? Lessons learned? My current goal is to create enough cash ...
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Hi BP,My husband and I have been fans of the BP for a hot minute, and finally feel ready to start acquiring properties. We’ve made a few offers and none have panned out so far. I am wondering if y’all could provide so...
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Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
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I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...
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Hello! Background: My name is Tyler Hallman and my wife and I are currently living in Coeur d'Alene Idaho which is in North Idaho very close to Spokane, Washington. The Coeur d'Alene area seems like a great up and com...
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So I placed an offer on a SFR, the listing agent told me through my agent that "The seller has received a second offer on this home and is requesting a 'highest and best' offer from the buyers by 5:00pm tomorrow" . Ho...
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Hi all! Lately I've been contemplating this question and finally figured I should toss it out to the BP community. I'm curious how everyone decides how much of their money allocated for "investing" is put toward real ...
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We're at a crossroads of what to do and seek advise from experts both in the investing and financial areas. Here's our situation...Our Home is worth $450K (according to comps provided by our RE agent). We own the hous...
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I'm debating on whether to use a HELOC or a Home Equity Fixed Rate Loan to finance a garage conversion ADU. I am in the process of getting bids for the 350 sq ft garage conversion ADU, but I'm expecting 70-85k. Could ...