Robert James
Partitioning expenses across multiple units
I own a duplex, live in one unit.It has two separate street addresses, but the mortgage interest, etc. is apportioned in a lump sum to the whole building.When it comes to apportioning expenses such as mortgage interes...
Account Closed
Homesearch Auction
BP,
I'm looking at purchasing an REO going to action on Homesearch.com. It's a 4/4 duplex that will need some moderate rehab work done (about $37k), but it's on a pretty decent block. I'm confident in my ARV calcul...
Armani Emon
help me determine this deallll
I have a property I am considering taking.
the seller is asking for 80k non-negotiable
I want to get it under contract and sell it for 92-95K
However the home is worth about 220k
In a buyers eyes do you think it i...
James Hixson
Scale faster with an Ernest Money Partner
Scaling a real estate fix-and-flip business can be a complex endeavor, but partnering with an earnest money lending partner can provide the financial support necessary for rapid growth. Earnest money deposits are ofte...
Alex Babayev
Landlord w/ 6 Properties & Multiple Insurance Claims WHAT TO DO?
Hello BP World, I currently have 6 rental properties that are all in my personal name. Over the years I have had 3 different claims at separate properties some that I no longer own. My problem is insurance companies a...
Tom Giles
Rent or Sell (College Station, TX)
23 months ago I purchased a 2007 vintage 3/2 1156' single family home in a growing development for $89K to live in while working at TAMU. This house is on the small end of the range for this neighborhood. I have sinc...
Rahul Handa
How many propertys/cash do i need if i want $2500 passively.
I new and still trying to figure this out. How much captial do i need to make $2500 a month passively. Any suggestions will help.
Zane Ritter
Looking to Learn and Add Value
Hello all. I have recently joined BP as a next small step toward my goal of replacing my 9-5 income with a more passive income. My primary interest is in buy and hold strategies. I am hoping to connect with successful...
Matthew Hollister
Electric locks for commercial office building?
I just closed on a big commercial office building with a few businesses inside. Does anyone have any advice for switching from manual locks to electric locks? I will not be at the building everyday to lock it up and I...
Jason Morton
Is Credit Karma Accurate?
I was made aware through one of Brandon Turners podcasts that Credit Karma was a free way to check your credit score. So last month I signed up and logged in. Low and Behold my credit score was 732 low-748 high I w...