My good friend and I have an LLC in Ohio where we own outright a duplex that brings in a 10% return on our investment after expenses. Our business has no debt. My friend has moved to Tampa where he works for an ad...
As many of us are experiencing, prices of homes and condos nationwide are up quite a bit. I have been looking at consideration of costal vacation rentals in the Florida market. I have been centering on properties cl...
Just wanted to share a small success story with BP. I recently bought a REO condo as a rental. I had a hard time talking myself into it because I HATE condos but alas, I did it. Here is the brief story:
Condo is a 90...
Hello my name is Patrick and I’m 24 looking to get started in real estate investing. I’m wanting to get financial freedom through real estate investing so I can spend more time with family. I’m new to this so I’m not ...
What fees come out of the profit from an all cash offer? I.E. closing cost, etc. Is there a general percentage people use or another formula for this question? We're talking specifically in the Omaha, NE area.
Through all of my research and networking the most valuable skill in real estate continues to be the ability to find a deal. Whether that’s for wholesaling or for other strategies, everything seems to lead back to fin...
Hello Community. This is my first post on BP, and I am excited to be here to contribute and learn from the community! I am beginning my investing journey soon and I know this is a great place to start. I've really had...
Hello Everyone,Like every other new Investor I accidentally found BP and then read lots of forums, listened podcast and read Brandon Turner's book (super useful).I'm an Engineer living in Long Island, NY where Price/R...
I'm curious if BRRRR ("fix & rent") works in the Omaha metro area. Essentially, the ability to have your purchase price + rehab costs <70% of the ARV, so after you rehab you can find tenants & then refinanc...
I found a deal through a wholesaler for a 4-plex, but I wanted to use traditional financing to make it work. We kind of structured a deal where I would essentially hire him to put together a new contract with the sell...