Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...
Hello everyone I have been doing a ton of research in regards to fix and flipping my first home! As everyone knows this market is a little slim however I will be putting in the work. My situation as it stands is tough...
Hey BP,
I'm in my 20's and have 200k to invest. I want to make the investment that will give the best returns over my lifetime, so 50+ years.
I already own a house in Cleveland, OH which cashflows well at close to ...
Hello everyone. I have been getting educated on buying my first property and am interested in house hacking.
I bought a home in 2020 and have a decent amount of equity around $100k. I am considering renting my home a...
(Wholesaling question)When crafting a purchase & sale agreement with the seller, how much of an EM deposit is customary to put down in order to tie the property up so you can flip it to the end buyer? Also, if you...
I have a tenant who is moving out after having been busted with a large amount of drugs (approx $10,000) in the unit. I had started eviction proceedings against him but it seems he has moved out in advance of that ta...
Was anyone flipping houses back in 2008? I got caught mid-flip and my projected returns were cut in half when I finally sold.Fast forward to today, and flips made up more than 6% of home sales last year, according to...
TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
My husband and I are looking to purchase our first flip property. Im looking to get advice on the numbers to get some insight from more experienced investors.Here is the breakdown:SFH: 3/1, 1177sfAcquisition: $80kReno...