Bridget Smith-Osbourne
Hurricane Mathew
Never ever thought that this would HAPPEN but Hurricane Mathew has ravaged 8 of my units with four feet of water. In one day, 8 of my units went from cash flow positive to cash flow negative. Being without flood insu...
Chris T.
Review this Negotiating Strategy
I as a wholesaler am always trying different things to improve on that which I am trying to accomplish. One of those things is negotiating. I usually give a ballbark figure over the phone after analyzing a deal on p...
Matthew Villalon
Introduction to the long term investment world
Good afternoon everybody,Just wanted to introduce myself. I’m a newbie looking to get into the world of multi family rentals on Long Island NY. I’ve read a few books on investment properties, and just looking for more...
Andy Mejia
Home improvement for rentals
Hey guys,I wanted to know if there was a good audiobook for home improvement techniques that I can pick up. I bought my first rental property and will be closing in the next few weeks. I am not handy at all and I’d lo...
Walter Thompson
70% rule?
hi BP
I've been trying to wholesale homes in the state of NJ (not as easy it looks but I knew that, nothing is easy when it comes to make a life for yourself.) I was wondering do you guys use the 70% rule for...
Julie Hassett
Baltimore Investor Looking to Crush It
Hello BP Nation! I've been lurking for a long while now without introducing myself. But seeing as how s#*t is finally getting real, it seems like a good time to do so.I recently moved into Baltimore City proper last m...
Brianna Johnson
Having floor remodel
Hi so recently wanted to remodel flooring but I found out my foundation needs to be fixed first which cost 20,000 which is costly, need some advice on what to do. Thanks
Brian Estes
Assuming low-interest loans from sellers -- how to do so as an investor?
Does anyone have insight into how an investor can assume a seller's existing low-interest loan? Or is that only allowed for first-time home buyers and/or non-investors? With interest rates so high, I'm looking for cr...
Account Closed
Quickbooks Chart of Accounts for 'Ready To Rent' Expenses...
My CPA is asking to categorize the following:"Ready to rent""Repairs""Appliances" To be amortized im assuming, added to the basis of the house. Please let me know how you guys handle the chart of accounts?
Tim Catalano
Concessions at closing
I thought on a recent podcast, Brandon and David, an investor talked about having seller concessions at closing that gave him money (I don’t recall if he meant actual cash but I think he did). Have a deal with a big ...