Michael Plaks
Why Trump's employee tax deferral should be ignored
This is an attempt at a non-technical explanation. I intentionally use rounded percentages and simplified formulas, making the numbers incorrect. The purpose is to merely illustrate the idea as simple as possible. Als...
Account Closed
Newbie from Northwest Indiana/Chicago Area
Just want to introduce myself as a new flipper in the Northwest Indiana/Chicago and been following the BP site for a few months and have learned alot. I did buy my first foreclosure in March with a best friend of mine...
Michael Hunter
Should I go under contract with buyer at early stage of rehab?
I bought a house 3 months ago with the intent to rehab and flip. It is in a highly desirable neighborhood and location in which few homes become available each year. I purchased the house for $320,000 and am doin...
Enrique H.
Cash for keys question
I have a tenant wjo hasnt paid rent in months, I offer to forgive back rent plus 2 free months ( wanted for her to ha e a house for Christmas and fistr month of the year) we sign a new agreement. she called said she c...
Don Libby
Investing in Southbridge Ma
Wondering if anyone has had any success with rental properties in Southbridge Ma. Im looking to buy my first duplex and would like to test the waters with a lower priced property. Southbridge seems like it has a few...
Charyl J.
Trouble finding Home insurance
Hi again friends!So for my current real estate adventure I'm in the middle of buying a single family house in Michigan. It is in need of some repairs but is very much livable. I plan to live there and house hack while...
Darlington Agu
Should I sell and use the proceeds for better deals
Im currently in escrow for my second quadplex in Houston TX, this deal im financing with a 7/1 arm and the cashflow is around 800$ after expenses. My first purchase wasn't a home run by no means its taken much more wo...
Chris Martinez
Doing a 1031 exchange for a multi-family home.
Hi everyone! I just sold my first property today, so I am looking to do a 1031 exchange. I have 45 days to identify the property but I am having trouble deciding where I want to invest. I've looked into these markets:...
Alex Prescott
How to compensate partners properly?
Hey would anyone be willing to give some insight on how to properly compensate partners. I am a newbie investor in the Kansas City MO area and I am looking specifically at two kinds of partners for my first flip:
I ...
Daniel Patton
Garden Unit
I'm looking at a potential investment property that has 3 units but one of them is a garden unit that is not officially registered (it's listed as an unfinished basement). it was a front and back door with 2 bedrooms,...