Katrice Brooks
Chicago Native living in Milwaukee planning on househacking
Hello Everyone!I'm Katrice, and I'm new to investing. I work as a family physician in Milwaukee, my first job out of residency. I do not currently own any real estate properties but plan to acquire a multi-family a...
George Gammon
Home Prices Haven't Gone Up in 100 Years. Is RE a Bad Bet?
From my experience as an entrepreneur, and more recently an investor, I'm surprised by how many people never really think about inflation. Here's the case schiller inflation adjusted housing chart going back to the y...
Jack Boyd
First Time Buyers vs. Investors
Hey gang. Here's the situation. A few days ago my wife and I finally put in our first offer on a tiny 2 bed, one bath house. It wasn't without issue - some visible mold that we traced down to an overly damp basement a...
Troy Reed
Banks willing to work with Series LLC
I’d like to share my adventure with a Series LLC. This was recommended by my attorney and after more research it seemed like good route to take. The first series was set up in October 2018 and my bank, First Commer...
Gaetano Ciambriello
Student Housing PROs and CONs
I have been investing in student housing for over four years now. I have a partnership with my brother-in-law and brother. We have learned quite a bit during that time and have had some wins and losses (learns). Here ...
Kevin G.
Investing out of state doing BRRRRs
Hey everyone,
I’m diving into the world of out-of-state real estate investing and couldn’t be more excited (and maybe a little nervous). I currently live in the Bay Area, but I’ve decided to start investing in th...
Ed Allen
When should show my investor my assignment fee agreement, at the begining of the transaction or a f ew days before closing
Hell BP Nation , I have 2 deals pending from wholesaling. My question is when should I disclose my assignment fee to my buyers , immediately or a few day before closing ( i feel if I wait that late they could back ou...
Anne Pitkin
How to offer landlord a win-win deal for 5 properties at $2.5M?
Hello BP!The Portfolio: Five multi-families (All 3 units, excellent tenants, excellent locations, well-kept). Purchase price: $1.3M. Value today: $2.5M
The Background: My landlord (let's call her Sara) owns 5 propert...
Kenton C.
Replacement cost value much higher than what I bought the property for?
I am looking for replacement cost value DP3 insurance policies on my first rental property. I paid 71,500$ for the property, and it has brand new roof, plumbing, electrical, and floors. I am being quoted for 171,000$ ...
Anthony Jordan
Owner Financing: Tax Implications for Seller
Hey BP, I'm looking to make an offer to buy a single family home using owner financing and want to get a better understanding of what the tax implications are to the seller. My initial thought is that the seller would...