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Hi everyone. My name is Trey Ruzic and I am new to the BP community. I recently sold my first rental property (bought in 06 as primary residence, upside down for 6 years, then finally made a decent profit this year)...
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I recently had a seller come to me and say that during the process of deciding whether or not to put their house on the market, they entertained one of those Bandit signs. A wholeseller came over and told them their h...
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I currently 100% owner of a prime piece of lakefront property on a very popular lake with very limited lakefront availability. This project has the potential to be a 1 mil + project if done...
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BP, I just found a deal in Waterbury, Connecticut. Two townhouses FSBO. Initial research off pro forma shows an 8.2% cap rate. I'm intriqued and want to now dig deeper. I know NOTHING about Waterbury, Connecti...
I have plans on converting my garage into a tiny house to do STR with. This will generate 2000-2500 at least a month once it’s up and going. Target budget for the conversion will be 35k. Reality, this conversion proba...
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Hello everyone,I am dealing with quite a frustrating situation right now that I was hoping to get some insight on. I am trying to do a cash out refi on a rental I purchased all cash, was told I was clear to close, an...
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How do you find these mortgage notes ?
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What markets and what property type(s) would you look into first?For added context, currently renting, no debt (aside from a car loan with about 25k left). Not interested in home hacking.
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Guys, we know that 20% applies to the Qualified Business Income (QBI). Let's ignore service businesses, phaseouts and all other complications. Let's take a wholesaler netting $100k. So, he just gets a $20k below-the-l...
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I believe there are 3 kinds of property managers. I have had good success with two kinds, and not so good or plain bad with the other. Without telling you which I list the types below1. Property management company w...