Account Closed
New Investor, First Plan! Opinion needed
Hey colleagues!
So I have my five year plan for starting out. I want to start very small since I have just bought my first house in August, got engaged, and will be having a wedding in July 2015, so lots of e...
Brad Annen
St Louis multi-family AirBNB
Hello BP,I am looking at small multifamily units in the South City parts of downtown St. Louis and I am curious to hear what others experiences have been like doing AirBNB in the downtown area. I know places like The ...
Jared Kott
First time poster long time lurker
Hello all,
I have been lurking on this site for a few months and really enjoy the upbeat pace and knowledge of the people.
I am thinking about doing my first deal soon on Chicago north side. It's a 4 flat 3br /1 ba...
Curt Davis
How Social Media Impacts Your Business
I have really started to take a more serious look at using social media to help brand and promote our business. I have been watching YouTube videos on how to do help make improvements. The sites I am focusing on are...
Michael W.
How to get financing w/ less than 1 yr of employment
Hello!I'm looking to buy a 3-4 unit property in Philly, but having difficulty getting traditional financing due to me starting my own business last year. All lenders are saying I need 2 years of consistent income. I k...
Kyle A. Isaacs
Fire Damage - Complete Loss
Good morning BP'ers -This past Thursday, we received a phone call from previous neighbors that our rental in Florida was on fire. To calm fears upfront and most importantly, everyone is okay, but the unofficial story...
James Conaway
Financing purchase with credit card
Between myself and my wife we have about $200k in credit card credit. Our credit card debt is about $2k right now.I have been building up credit lines for a long time in anticipation of being able to do something with...
Brett K.
aligning incentives- How to structure a flip team
I don't have a handyman bone in my body and I have no interest in learning that side of the business.
I've found a great contractor and I'm trying to figure out how to align our interests for future projects.
He...
Miles Miller
steps for first absentee rental purchase
Hello BP,I have been snooping for a while, but never posted before. I finally got my courage up and did an offer, and it has been accepted. I am now entering my due diligence phase, I will be calling inspectors and ...
David O.
Does this deal make sense?
Hi - I am new to evaluating deals so any feedback is appreciated:
My goal here is a buy and hold- seeking cash flow:
?Purchase Price $30,000
?Rehab – $35,500
?Closing cost $2,500
?Tota...