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Hi folks, we are into our second potential deal that might blow up.My question is should we walk away from this deal? We have had the sewer scoped twice and found an offset both times, and we are asking the seller to ...
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My husband and I recently bought our first house to rent, it was a big step taken after much research and thanks in part to what I have learned from BP!I've been marketing it for several weeks (posting a few times a d...
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I was wondering what some rules of thumb are that people use when evaluating note investing opportunities to narrow the focus. Obviously these would only be guidelines but I'm curious what others use to limit the scop...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
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Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
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What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
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Hi all,
I am curious about how people are successfully operating rental arbitrage businesses. I own multiple rentals in the south/mid west and recently I was approached by an aspiring arbitrager to lease out one of m...
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Investing in real estate during a recession makes many people feel like a long-tailed cat in a room full of rocking chairs. For others, it’s an exciting opportunity.
In my 30 years of real estate investing, I’ve see...
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Hey all - I am livid today! Maybe you can either calm me down, or tell me I am rightfully enraged.
We have an FHA buyer for a rehab, and among the hoops we've jumped through so far are the requests from an in...