Erin Margaret
Inspection missed big ticket items
Hello there BP land!
I purchased an adorable 1920s two bedroom home I am planning on buy/hold in for a while. When I walked the building inspector through he assured me the frame was strong and there was no knob and ...
Account Closed
Investing in Cleveland Turnkey, Breakdown the Costs
Hi everyone,I'm looking to invest in real estate in Cleveland, OH. I'm 18 years old and this will be the first piece of property I own. I've been looking into Cleveland because of the low prices, it seems this is an e...
Adam Gerig
Critique my thinking
I am in the process of wrapping all my mortgages and notes on the properties I own into one. The bank is going to give me a 15 year note fixed at 4.75% interest and it will save me about $30/month and 8 years on the ...
Paul Shields
Luxury home flipping
First I want to say I am glad I found this site.
My question is about Luxury home Flipping through short Sales. I got turned onto it by listening to a webinar held by a guy named Robb style of Florida. He was selling...
Brad Gibson
Ready to be a full time real estate investor but concerned about Health Insurance.
I feel that im ready to go full time as a real estate invester. I have rentals that are cash flowing well and doing ok as a realtor. Also in the process of looking for my first flip. The thing that is standing in my w...
Jesal Shah
SF evaluation - What am I doing wrong?
Hello Everyone,I am new to BP and looking to make my 1st investment in Houston area. I evaluated few properties but numbers don't work out. Not sure if I am doing something wrong or it's just hard to find good deals i...
Lance H.
LLC vs. S Corp for buy and hold
Hi Everyone,
In searching through the forums I have seen people say regularly that LLC is preferable to an S Corp for passive business income like buy and hold. My question is why?
I ask because I alre...
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Tyler Haskell
BRRRR strategy: A Love Hate Relationship
Does anyone else see the same major flaw of the mystical BRRR strategy?
At the end of the day, arguably the most important element or phase of the BRRR process is the refinance to get your exit money. And the appraisa...
Andres Piedra
Collecting Judgements
I got a judgement about 3 months ago and contacted the debtor about 2 weeks after the judgement to start collecting. I emailed him yesterday and offered to set up payments or to reduce the debt by a certain percen...