Mark Rogozinski
1st Offer on REO Property just sent in...( 1st Property Ever )
My wife and I just made an offer on our very FIRST piece of property...REO....I am very nervous as is she, but I know the home will be a great buy. I have been looking at properties for several months now always afra...
Minna Reid
The fear!!!
I wasn't scared of maxing out my house to get my hands on some cash...I wasn't scared to spend to advertise...I wasn't scared talking to sellers...I wasn't scared making offers...and now I found my first deal. Now we'...
Claudio Golia
Personal finances and moving forward
Good morning. As a potential REI, I have been going over my finances very carefully to determine if I'm in a good position to move forward. I have some cash reserves, put away for a rainy day in addition to lines of ...
Aubrey Manning
New to investing in the greater NYC area, looking to connect!
I am a young healthcare professional (Neurosorugery PA) in my early 30s working 3-4 12 hour hospital shifts a week. I have been a renter in BK and queens since 2012 and I am now looking to get into real estate as an i...
Carrie Giordano
The Importance of Reserves
Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
Maurice Brown
The Green Newbie Jitters
Hello BP family! First off I do not consider myself a newbie as I have not completed a deal at all. For one to be a newbie you had to have completed a deal. I have not. So I'm nobody. With that said, I think I hav...
Robert Lindsley
Am I getting scammed by this 'private lender'?
Hi there,I've been looking for gap financing for a multifamily property for the past few weeks. Through the process I met a man named Bryan Chambers. He claims he has plenty of money to lend, but wants an originatio...
Rashaud S.
Two Grads Seeking Help (and some direction on the forums)
Hi everyone,
My partner and I have recently graduated from college and, after doing lots and lots of research and reading, we're finally ready to try our first deal.
Here's where we are: I graduated last year and ha...
Melissa Hasan
LLC or business name?
Does anyone have any thoughts on functioning under a business name or LLC versus your personal name when moving about the Real Estate world?
Greg Martin
Decpreciation Recapture question
Hey everyone,This is probably a basic question, but I couldn't find an answer on here. I came across a seller who wants to sell her property, but she thinks that she can't sell for some reason. She said that a CPA a...