Account Closed
My first flip- Profit: 19,100
Hey everyone, I finally was able to put my deal under contract (again) and we are scheduled to close on May 6. Even though I feel happy about the outcome, I could have done a better job with the design of the flip whi...
Tim Mieney
My Turn Key Company Due Diligence (Reposted)
Hey BP Fam! First one was deleted. I'm assuming because I used links. Reposting now without them. Here we go...After deciding I wanted to explore out of state investing, I spent the last week meeting with several "Tur...
Kyle Tipton
Room renting to college students
Greetings BP,I have been running numbers and looking into renting a single rooms to college students vice entire homes to families. All the numbers I run lead to positive cash flow, but I’d love to hear from some inve...
Robert Kennedy
2018 Alabama Tax Lien law changes
On March 8th, 2018 the Alabama House of Representatives unanimously passed HB354 that MAY drastically change tax lien laws in your COUNTY. The Alabama Senate has a companion Bill (SB261) that is waiting on the call o...
Michael Evans
Pre-Construction Flips
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
Dean Attali
Dealing with a very expensive demanding new tenant - suggestions?
Hi BPI'm a new landlord after purchasing my first SFH in September, and my property manager placed a tenant in the house starting November 1. In the 7-8 weeks that the tenant has been there, there hasn't been a single...
Derek Persuit
Many Retail Stores Closing! What Happens Next?
We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
Matt R.
The changing face of Los Angeles - Gentrification areas
Ucla recently covered this topic. LA has 85 hoods and the population is predicted to grow 30% by 2030. The city is looking for solutions to help with the housing shortages including allowing granny flats in backyards....
Charlie Nghiem
How is the Killeen TX rental market?
My real estate agent has sent me several duplex listings in Killeen varying from 30-85K. I don't have much for a down payment which makes these well within my reach. I only wonder if Killeen is a good place to start. ...
Brian Burke
A Hero's Home - Giving Back
Fellow BP’ers,Five of us long-time active BP’ers, @Jay Hinrichs, @Chris Clothier, attorney @Tom Gimer , and CPA @Brandon Hall and I have come together to change the life of someone that has sacrificed so much to defen...