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Hi Everyone,I’ve been lurking for a few months now and this is my first post here after trying to get a lay of the land. Apolgies if it’s long, just a lot on my mind.About me:- Live in the East Bay Area- Wife and I ar...
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I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
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I want to write the title in quotes because it's not like I had much of a strategy to start with. I bought a duplex and a turn-key SFH at a normal price for houses in the area. Both were conventional loans with 25% ...
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We had our offer accepted on our first rental property and after looking up the current tenants, we've got a convicted, registered sexually violent predator against children in this triplex. Repeat offender. Anyone de...
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I recently started a house flipping business (although I'm not sure how good of a business it is since I have yet to flip my first house). After researching for I can't tell you how many years and after what seemed li...
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Hello BP Investors,I have a straightforward question - unless you somehow are able to make it complicated. How do you structure your wholesale deals? With the seller and with the buyer? Example - the seller:How long t...
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If you could offer one word of caution. If you could help save the new real estate investor from making a huge mistake that could cost them thousands or even their business...Just one word of caution, based on your ow...
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One of the biggest things that you have in a flip project or even a buy and hold project is your contractors. A lot of times one of the things that people will say is, “I'll just go do the work myself,” well you got a...
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Is anyone on BP involved with buy and hold in the NYC area ? I have a few questions
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So I just got off the phone with my financial advisor and he said I'm doing well but he's concerned I'm over leveraged on real estate. He's concerned that if we experience another recession that I will be stuck holdin...