Caleb Rigby
My first flip - ghetto house to best house within blocks
I learned so many lessons on my first flip. I bought this house in July 2016 from a wholesaler in Ogden, Utah. I wanted to share some of the most valuable lessons in case they helped someone else out in their real est...
Cameron Lewis
Columbus OH - House Flip #1 - What the heck did I sign up for?
My opening statement is: I have finally walked the plank, closed a HUD foreclosure a on December 9th, and have been wading deep into this project. Ive talked about doing something like this for awhile now, but lacked...
Lee Krasulja
Need help on converting Primary to Rental
Hey guys,
I'm trying to compile a list of things I need to consider/review with my accountant, financial planner and attorney. My wife and I have outgrown our home and feel that the time has come to find a bigger ho...
Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
Michael Loza
Anyone used 401k to purchase first property ?
Hello people of bp, i am in the sf bay area and in the process of purchasing my first home. Through the pre approval i come to find out i am about 30k short in available funds in my account , and cant deposit the diff...
Wesley Mitchell
Are there any BRRRR disadvantages
I was wondering what type of disadvantages or risks comes with using the BRRRR strategy? I own a home that is fully paid currently if i use that (HELOC) to pay for another which i then rehab, rent, cash out refi for a...
Lee Yoder
Invest Your Own Capital in Your Apartment Syndcation?
So, I've been looking at a smaller apartment building (48 units) in SW Ohio. I want to syndicate this deal. I've heard many say you should invest your own capital in your syndication because it shows that you really b...
Chuck VanDyne
I won’t invest in rental property in my Self-Directed IRA!
I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
Manmit Singh
Stuck with Lead affected property
Hi,I am stuck with Lead affected property for over one year, it is marked lead affected by health department in Youngstown, Ohio. Without fixing it we can't rent and also no one wants to buy. only thing i want right n...
Nick J.
Another Sub2 success!!
Doing sub2's work even in this market.
countrywide loan ARM @ 6 %
adjust in 11/11
$5,421.04 to bring current
$1,341.05 monthly payment PITI
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