Kevin Moules
FIRST BRRRR PROPERTY! COME JOIN THE RIDE!
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
KIran K.
Worst FIRST FLIP: LOST OVER 100k
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
Jay Hinrichs
Absolutly Crushing it with New construction
Happy to write this success story.
Our 90 lot new construction project in Canby Oregon has really blossomed.
This project was brought to us through networking with other developers and real estate brokers.
The mast...
Jesse Chunn
Why Not Apartment Complexes???
I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...
Stephen Michle
Setting up your real estate business
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
Sarah Kensinger
The lack of short-term rental safety!!
The lack or inattentiveness of safety in short-term rentals is appalling!! Over the weekend 3 people died at a STR in Outer Banks due to a house fire, and it seems like every couple of months we hear of more people dy...
Justin Westmoreland
Average Profit per flip
I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...
Jon Klaus
There are just two months left in 2014, what will you accomplish?
The next few weeks look a little crazy, with 7 closings, mostly on the sell side. I need to plan and start another buying campaign. Also need a shovel ready deal in Austin, ASAP, to keep the crew busy. Looking hard...
AnnMarie Bacchus
Are CPA’s necessary before starting out? If not, at what point is a CPA necessary?
I am a newbie RE investor (currently getting approved for a HELOC to fund my first purchase). I read several post that some people recommend having a CPA before out while other say you can wait until you have a few pr...
Julien Amparan
Should I be waiting for a crash?
The other day I was helping my brother-in-law pick up some furniture and I got to talking with the woman he was buying it from. The woman said she was a property manager and real estate agent so I told her that I had ...