Hi all, I am new to this space and although I have been passively exploring RE to improve my knowledge I haven’t invested yet and need some direction. I have 200-250k in liquid and I want to put that money to work. My...
I was contacted by a woman named Faith Lee on Linked In. She works for El Solutions LLC. The website for them shows they do payday type loans, small amounts. I told her I don't think there would be any need since I ne...
I am in the very beginning stages of my RE investment journey. After having acquired rental number one, I'm relatively cash poor. The money I borrowed to rehab the rental will be paid off in about a month and I will b...
Typical Pre-Listing Activities1. Research Current Properties 2. Research Sales Activity from MLS and public records databases 3. Provide Average Days on Market Assessment 4. Review Property Tax Roll 5. Prepare a Compa...
Hello BP community! I have been lurking for a while on the site and finally wanted to make a post introducing myself. I know it's hard to network these days, mostly because of busy schedules and covid, but I have been...
I was listening to the Money Podcast, Finance-Friday edition earlier this week. @ScottTrench mentioned having adequate amounts in reserve for a rental property. I close on my first property on Wednesday the 17th. The ...
I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.I can identify my family's spending now and what I ...
My wife and I started a few companies. The company that she leads is for flips, and the company that I lead is for rentals. We look at properties as a team and evaluate their potential through those two lenses. How...
I’m from San Diego and went to school in LA. I’ll be moving to Pittsburgh late summer to start work in commercial real estate (lending). I joined BP to learn the residential side and I hope to dabble in private real e...
my partner and I have some properties we want to look at, but we haven't established a LLC yet. we were wondering if starting one is even necessary. In what ways does it benefit you? why cant/shouldn't we just go out ...