Johann Jells
How much to lower the asking rent to generate more response?
I'm not getting much response at $1890. Departing tenant was paying $1770 and HUD said 2br here went up about $200 in 2 years so I went for it. Now the question is how low should I go to get interest. Does $100 make a...
Joe Dvornik
Trying to get into real estate
I apologize if this is not in the right forum but... I am graduating high school in a week. I’m trying to get into real estate. I’m going to go get licensed and everything by the middle of summer but after that I am s...
N/A N/A
Newbie looking for some guidance.
Good morning folks. My name is Tom and I have a question regarding hard money loans. I have been considering taking the leap into the "fixer upper" market. I am a real estate appraiser with considerable experience in ...
Sparkle Carlock
LLC structures for newer REI
Hi BP Family... this question is for experienced flippers.Do you have an LLC entity just for you flip/rehab properties? I am looking to form my first LLC and the goal strategy is to be a REI-flipper. Any advice? For t...
Will Bazile
Expanding side hustle
Hi everyone,I am currently saving up to invest and have been thinking of side hustles/jobs that I can do while I am home during break (currently in college). While listening to a past BP podcast, I was inspired by the...
Jason Porto
Rental Calculator vs. Owner-Occupied Multi-Plex
When analyzing a multi-plex for an owner-occupied situation, how do people account for your (the owner) slice of the rental income? Do you:A) Consider yourself a "renter" for the purposes of the monthly rental income ...
Aaron Peterson
Direct mail marketing
I’m sending out about 2000 letters (just one piece of paper inside). Should I put return labels on them?
Cynthia Long
Can I buy through Owner Financing then rehab and sell it fast?
I am trying to find creative ways to do real estate investing. My money from the bank is tied up through 2 rental properties, but I am wanting to try some creative ways to make some money. Is it possible for me to fin...
Fernando Parker
General Tax Question
Hello Everyone. Can anyone speak to the types of items which I should buy or expense in preparation for next year's tax return? I started my LLC last month and have 2 properties in Memphis in it, but not enough to mer...
Lamont Marable
$300 for the first hour
I heard a podcast where I decided to reach out to the guest investor as he touched on a topic that was informative to what I needed. He said it would be $300 for the first hour and that he would help me with the entir...