Eric Miller
FIRST FLIP - $23,500 PROFIT
Sorry for the long post, but I wanted to give a full review of my first flip. I’ve had been lurking around BP for around 2 years now, and the amount of information is amazing. Here is the story on my first flip.I had ...
You want to retire early, so you come up with a plan. “I’m going to buy ten rental properties and call it quits, then I’ll never have to work again.” Within a decade, you’ve got your ten rental properties, but now you...
Want to retire early? Then, STOP buying rental properties. You heard that right; buying more rental properties may actually push you further away from early retirement IF you’ve crossed a certain threshold. Today’s gu...
Justin Goodin
👋3 Ways To Calculate Interest
Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which ...
Josh L.
Actual Rent Data for Listings?
How do you find the actual rent data, ie how much a rental actually rented out for and not what it was listed for?I'm pulling old comps, but the problems is that just because something gets listed and asks for a certa...
Jordan Hamilton
Need tax advise for my 2 STR recently cost seged
Hi everyone!Looking to connect with an experienced tax professional regarding filings for my 2 STR properties (Gatlinburg & Hollywood FL) which were both recently cost segregated. Essentially I am looking for a cl...
Jonathan Gruber
Real estate professional on short terms while using management company?
Can you still be considered a real estate professional while using a management company for AirBnB? I want to use the losses to offset my W2 income. Thanks
Matthew Adelman
Advice please
So my wife and are have recently decided that we would like to get into real estate in the near future. Neither of us have any experience in actual real estate. I have experience doing construction work and i am loo...
Caleb Forestal
A Frustrating Conversation That Got Me Thinking...
I had a conversation with my friend, a real estate agent, a few months ago that really stuck with me. She was venting about how clunky and outdated the tools she uses every day are. I was surprised by how frustrated s...
Nick Clayville
1031 Exchanged and Tax Liens
I have an investment property that I'm looking to sell and wondering if I can use 1031 exchange to purchase tax liens? Any advice is greatly appreciated. Thank you!