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As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...
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I'm working on purchasing a vacation rental in my hometown that is very seasonal, approximately 9 weeks of solid summer bookings and intermittent bookings throughout the shoulder spring/fall months. One of the compani...
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Hello BP family, I reached out to a local realtor, a friend of a co-worker, to see if he could help me find some properties to flip. Although I greatly appreciate his honesty, his response below has really discouraged...
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Wholesalers and investors, did you pay for a mentor or did you do it successfully without a mentor? I’m considering a mentor who wants 5k but not sure if a mentor will help scale my real estate business or it’s possib...
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My current tenant is buying a home and vacating in 3 weeks. I’m weighing whether to sell and 1031 exchange into a different market, or stay the course and get a HELOC in place as soon as we turn it over (in preparatio...
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Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
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I would like to start my REI and not sure how to move forward. I have access to $50-$75K to start. I own my own home for the past 15 years. Have 780+ credit. I am self employed though so not consistent income. I'd li...
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My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...
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Hello! What are my fellow BP member thoughts on this language? Does it specifically prohibit short term rentals? I'm not seeing that it does and I am living in an ideal situation to move out and STR. This is not a...
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Many people invest in real estate in order to create passive income and eventually become wealthy enough to not have to work a regular job for the rest of their lives.I want to pose a philosophical question. Is there ...