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Hello all,I wanted to share a recent flip that I completed with a BP partner. Summary of the deal is below:Purchase Outlay $38,000Repairs and Holding Cost approx. $52,000Total Cash Investment $90,000Sales Price $131,0...
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Mike Simmons is an important part of our 7 Figure Flipping team. He also has been a part of a successful business partnership for many years now. However, it wasn’t his first or even his second or third partnership....
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Just a light hearted conversation starter here.... when do/did you consider yourself not a newbie anymore in real estate investing? Was it after your first, fifth, 20th? I
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Due to my DTI ratio, I had a hard time finding a conventional lender to give me a mortgage on my primary residence after paying cash for the house. A friend of mine is going to be the lender and act as the bank on my...
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Hi! I've recently been considering a new avenue of "flips" in our market here in Boise and wondering if anyone else is doing it or if it's worth it to do (particularly if it's worth the tax hit)? I'm a real estate age...
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Hello BP Community! I discovered the BP podcasts while educating myself about financial literacy & the FIRE movement. As a creative professional historically "allergic to math," I never thought I'd consider real e...
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Looking to partner up on deals with someone(s) with experience in raising private equity for deals
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Pulaski County numbers on single family residential sales for April 12-18 showed strength and continued to benefit from low inventory. There are still concerns that FHFA's refusal to help bear some of the harm that it...
Hey I’m new and I’m 17 so I can get licensed yet and I need a mentor or someone in the Dallas area to teach me how to whole sale so I can get a introduction to real estate
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Hi All,What kind of strategies have people used for finding and working with partners to help fund deals in the past? After purchasing a few properties, I'm realizing the difficulty of scaling a portfolio by saving up...