Hi everyone, I'm Dan Driscoll. I am a masonry and chimney contractor from Rockland, MA. DDMCS.COM Originally from Braintree. Happy to offer any knowledge you may need about masonry or chimney projects you may be tack...
I found a vacant property that would make a great flip at the right price. I've written the owner and we've been negotiating some, and I have a local contractor that I'll be partnering with on the deal. My question is...
Greetings BP! I'm just getting started on my first fix+flip project, and had a rookie question to pose to the community: what are thoughts on Hard Money lenders who broker out their loans to third parties? I've been i...
Hey everyone,I am new to investing but have worked as a commercial broker in Houston for some time. That being said, my long-term goal is to get into multi-family properties, but I was planning on easing into it. My p...
We apologize if you see this twice! We think we posted this on the wrong forum so we are not getting any responses do to this mistake. Thanks in advance for the understanding! Hi BP members!! This will be our first po...
Originally my strategy was to find cheaper SFR or condos or something just to get my foot in the door and get a cash flowing property. Considering my current financial situation i thought this would be the best route....
I have a tenant that was supposed to move in one of my properties by mid-December. She paid the security deposit, but could not afford the pro-rated rent for December and 1st month’s rent by January 1. We agreed to a...
Hey,
If I am looking at a properties income statement, do I add back depreciation and amortization into net income before non cash items?
For example, I have a friend who's dad wants to sell his 100 unit property fo...
Good evening BP. So I have come across a property that may be a quick flip but the numbers are too tight for hard money to get it outright. I think the deal is solid and am trying to think of a better way to get into ...
Hey guys,We have a friend that just sold a rental property and made $120,000. His plan is to 1031 exchange it into a rental in another location. After two years, they want to make this their primary residence. Is this...