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I quit my job a year ago and spent the last year flipping and building my rental portfolio. I can't say I'm upset with the way things have gone but I need a steady income to keep everything moving forward. I got my ...
I'll try to not make this post too long! Sometimes it is a tough balance getting enough info out and not blabbing on. Hang in there with me please!A family member of mine unfortunately and unexpectedly passed away. To...
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I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
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hi BP,just want to thank you! stumbling on this site was the best thing ever!I don't have time to write out the details bc its still work in progress and I'm just updating you all on my journey here on BP.Thx for the ...
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Hey BP,Disclaimer: I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal. This was my first potential deal that did not turn out so well. I got a house under contrac...
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After some in depth study over the past few weeks, including hours of BP produced audio, interaction with the community, reading 123flip.com, and Marty Boardman's book, I think I finally have an understanding of the b...
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We are within one property of our goal for SFH, buy-and-holds. That makes this year the year to focus on cash flow and I am spending the time I normally spend on buying/renovating focusing on improving cash flow by ...
I was wondering about something for a little while now. When you get your salesperson license you will then have access to the MLS, and you need to find a broker to "sponsor" you. So, does this technically make you an...
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Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
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Currently under contract for a 3 bed upper/lower duplex. It was a FSBO listed around market rate, but I know if it went on MLS it would’ve gone for more. 3 bed duplexes are hard to find in my area to purchase and to r...