Russell Gronsky
Trouble selling my renovated flip house
So just like the title of this post says, I finished the renovation of a house. I put it on the market, admittedly, for more than it is worth, and I had a few tire kickers but no offers. 4 months later, I am now at 5k...
Rohan Attravanam
How I failed my first deal !!
Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...
Michael Anderson
Need help determining my best financing option
All,I am diving in the pool of real estate investing. I believe I have several options and would like advice on picking the best one. To help with the decision here is a little about my current situation. My wife and ...
Adam K.
Analyzing A Deal. What are we doing wrong?
We found a good deal on a duplex in Puyallup, WA. Duplexes in this area have been going for $380,000 and above. After running the numbers, it does not seem to be as good of a deal as we thought. Are we doing something...
Jamie Wooley
First Rehab Project....Does this GC bid seem like a good deal?????
I have ran my own numbers and I feel like I am getting a really good deal here, but I would like you seasoned rehabbers to let me know your take on it.To give a little background....This is a lower end neighborhood, s...
Cameron Mitchell
Approve or Deny Tenants?
Hello BP,
I am having difficulties renting out my property in the winter. I have had two applications. It is a couple, one has a good credit, almost hits the income required, good credit score. Her Boyfriend isn't th...
Michael Temple
Rental Market is Untested in a Recession
I came across this article this morning in the Wall Street Journal. Hopefully, everyone can get to it without hitting the paywall. https://www.wsj.com/articles/t...Just in case you do hit the paywall, I will do a quic...
Account Closed
Dodd Frank
I've seen multiple debates surrounding Dodd Frank and am feeling very lost. Some passionately feel investors should back away, while others feel there are still creative solutions for desperate home owners. Looki...
Mike Schorah
Why are wholesalers leaving wholesaling to landlord and flip?
Is flipping and buying rentals really more profitable in a downturn?
Maureen Simmons
Newbie Investor .... Seeking advice about financing options
I've been a part of the BP family since 2018 and am finally tired of life on the sidelines so I'm getting in the game. I've identified a multifamily property but am still a little green when it comes to financing opti...