This week I went under contract on a duplex that I planned to finance with an FHA loan at 3.5% down. Right after I told my family about the deal, my dad reached out to me by surprise and told me he'd be willing to len...
Hi BP,
I'm a long time lurker but this is first post and hoping for some feedback. I currently hold a couple SFH in the NY area and looking at my first out of state deal.
The property is located in Sha...
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I have an off-market deal in Lakewood, CA that will be under contract shortly. I am looking to rehab and resell the deal myself, however after listening to the BP Podcasts I have decided to take the advice given quite...
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Hey all, curious to see who's gone through either of these STR training programs, and what you liked about each. BNBFormula has been around much longer, I remember hearing the founder on a podcast I think back in 2018...
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I realize there are lots of variables at play, but what are some ballpark CoC returns one could expect with this strategy? I've heard mentions of 25% CoC returns but have not seen it in the handful of analysis that I'...
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Hi BP,I'm currently negotiating an off-market duplex deal that would be owner financed. I initially came up with an ARV market value of $222k based on recent comps. When I made my offer, the seller countered at an a...
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So I dont think I’m thinking of this correct so I have a question for more experienced investors. How would I determine what I could spend on a certain deal or how to find out if you can get all your money back or mor...
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Can anyone recommend a good accountant? To make a long story short: I landlord for 5 years without realizing depreciation was non-optional. I'd like to file an IRS 3115 this year to try to recapture at least some of t...
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Are there deals on Zillow?Or is this a tool better used to simply explore markets to better understand market conditions?For example I know my area very well as I have lived here for the past 20 years and I'm very fam...
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Hi everyone! I am a new investor in the Chicago northwest suburbs and am looking to meet some local investors or hear their story. I have been educating myself through books, podcasts, forums, webinars etc.. I rea...