Hi guys, so I'm completely green as they would say. I've read a couple books, perused the forums, and have listened to about the first 80 episodes of the BP podcast in the last two to three weeks. My long term goal is...
Hello BP,
I have a question regarding flip strategies and taxes. I noticed some people set their minimum profit at 15k, some 20k, some 15%, and so on. What I’m a bit confused on is do you take taxes into consider...
Hi all, In need of some advice. Been trying to find a home to invest in and flip in my area for about two months or so now.. All the real estate sites seem to be awful. Most of them are hardly up to date makin...
My name is Brian and I'm from South Florida. Currently I live in Miramar. I am a rookie in REI, but I have been learning and researching various aspects of the business for almost a year now and I'm ready to dive i...
What were the biggest lessons you learned from your note investing in 2020?For us, these were the two biggest:1. The structure of our funds led to our ability to withstand the extreme volatility and effects of the pan...
Im planning to convert my duplex (in Indianapolis, Garfield Park area) to a triplex and need some help with a decision about the 3rd unit. Upstairs is a 2br/1ba, one downstairs unit is 1br/1ba, and the third unit in ...
Hello,I am looking to get a rental property for my first deal using a traditional bank loan. I understand credit score has a huge impact on the loan one can receive. I'm looking around the Maryland area (not sure if l...
I rented through college and continue to do so for the past few years post-graduation. I believe I will be moving within the next 12-18 months to a more populous area somewhere on the east coast. I have always wante...
Hey BP Members, If you would start as a newbie today, which book would you consider reading first?It can be either books from the BP bookstore or any other book you feel would have a huge impact today in building a st...
As I was pondering today, I was thinking about buy and holds. Do you make money in the end? Say you buy a property for $200k and put $20k down and have a 15yr mortgage. Now if you cash flow $200/mo, obviously you will...