Effram Barrett
How do you recover from a bad initial investment?
What's up BP family so I have a dilemma that I need assistance on. I've mentioned the condo I purchased before but I'll give it short. I purchased a 1bd 1bath after moving from my parents home with the intention of re...
Tommy DeSalvo
Multi Family, four plex, initial and long term improvements
I just put a very well maintained 4plex under contract for 91k. It is fully rented and is in turn key condition. Now, the current owner hasn't raised rents in about 10-15 years, and they're about 90ish dollars below m...
Matthew Hetrick
Finding a General Contractor for an initial walk through
After spinning my wheels on the MLS looking for my first duplex house-hack (that could cashflow even a little bit), I've changed my strategy and am considering going through a wholesaler.
Being that deals through wh...
Daniel Zierk
First time BRRRR'ing- Input about your initial payment method
Hi Team BP- As a newbie looking to jump into the BRRRR game for the Illinois market (North/West Suburbs of Chicago), I was interested in hearing how you financed your first deal & in hindsight, if you would have c...
KC Zhang
What happens to 2nd position if 1st initiated foreclosure?
I'm looking at several 2nd NPNs for purchase. Several of 1st position holder started the foreclosure process. The underlying assets have enough equity (FMV) to cover both 1st and 2nd. How can 2nd note holder ensure th...
Nick Atwood
11 Plex Purchased initially on an owner carried contract
Investment Info:
Other buy & hold investment in Gaston.
Purchase price: $650,000
Cash invested: $75,000
11 Unit Mixed Use Property. 3 retail units on the lower level, and 8 apartments mostly on t...
George Vigil
Looking to Leverage Self Directed IRA for Initial portfolio
I didn’t like the stock market volatility, so I decided to leverage my 401k proceeds to set up a Self Directed IRA to invest in Real Estate rentals.I have $650k available and looking in the DFW, Jacksonville, Albuquer...
Andrey Y.
Initial vs. Refi as the source for depreciation deduction
Quick question for you folks. Say a property was purchased in 2011 as a primary residence, was placed in service as a rental in 2016, but was also refinanced in early 2016. How would you go about calculating your cost...
Eldon Gomez
Here's my initial marketing plan, what do you think?
Hey folks!so i'd like some feedback on how i've scrubbed my first mailing campaign, and success rate with direct mail, vs bandit signs. I've secured every tax delinquent property in Salt Lake County, Utah. I'll be sen...
Taye N.
Ballot initiatives that pass we should know for 2017
Hello
We're there any significant changes happenings for 2017 that I should be aware of trying to buy a rent control property in and around Oakland?
Anything that passed?
1. How hard is it to increase rent once I ...