Branden Sewell
That didn’t go as planned!
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...
Bryan Hancock
How Do We Get More People To Engage In BP Discussions?
I did a quick check and there have recently been over 500 people (within the last day) people on BP. Most topics have 5-15 main players comment back and forth and a variety of lurkers that just view things.
How can ...
Account Closed
Should I file for bankruptcy?
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
Ross Bernard
Trust No One (when it comes to contractors...)
I found an HVAC tech online who had 64/64 five-star reviews on Google Maps. There was nothing but praise for him, so I gave him a shot. He diagnosed my problem as a faulty control board. He quoted me $700 for the boar...
Cory Binsfield
Why I'm not a flipper
The other day I grabbed $40,000 tax free from refinancing a duplex that originally started as an ugly duckling. As I was walking out of the closing on my way to the bank, I couldn't help but wonder how a flipper would...
Shelby Pracht
Agent doing business in multiple states
Hey everyone,I'm a licensed real estate agent in California, where I live; however, I do my investing in Alabama. Does anyone know if I can somehow "transfer" or use my CA license in Alabama to do my own investing (no...
Michael Burks
Mentoring Cost $20,000
I went to the 2 day Life Styles Unlimited class this past weekend with the goal of learning and finding a multi-family mentor to begin investing with. Like a typical sales funnel I quickly learned it was a brief over...
Bryan Danger
Exit Strategy/What's your "number"?
I spend a bit of time reading and contributing to different forums... Real Estate, FIRE/Early Retirement, Sailing, Overlanding - and every time I come here to BP I'm left wondering why the discussions/goals I see on ...
Danielle C.
Flip with Hard Money
Hi All! My husband and I have recently gotten our LLC approved by Pennsylvania and are on the look out for our first fix and flip. I have a question about hard money. We are looking at multiple hard money lenders to ...
Jordan Sutherland
My wife wants a new car
Hey guys, I would love to hear some opinions on my personal finances. I'm a 23 year old fireman in Texas. I make a decent salary and my wife is able to stay home with our two kids. We are able to live confortably beca...