I've recently just started a new contracting LLC with myself as the sole owner and only person in the LLC. The goal is to work for investors doing some of the rehab work and gaining the knowledge and experience at ...
This is basically what the idea of wholesaling has become. Everyone wants to do it and everyone thinks they can do it. Everyone thinks it's a stepping stone to becoming a real estate investor. Everyone is wrong. Some ...
Hello,First time poster, long time reader. When you rent a property I know you want to have extra money left over after paying property taxes, maintenance and taxes etc, but in town where it is more competitive does a...
I have been reading some news lately that is making me wonder about the current state of the real estate market. I have seen some stats about home builder stocks being down as well as consecutive months of falling hom...
I am intrested in knowing more about the differences, pros and cons, etc about FHA and Fannie Mae.I am also wondering if there any other loans, pardon me if I am calling it by the wrong name, that are similar but diff...
So I'm in the tail end of a rehab, already under contract. I bought a magnolia tree and some azaleas. I am extremely familiar with the neighborhood, I grew up in this house. It is a one lane, dead end gravel road, ver...
A couple years ago I finally joined the ranks of being a home owner . We found a nice house that was in very much need of being updated . The owners of the house passed away and was left to their daughter . THe house ...
Hey BP, Has anyone had success in convincing a seller to accept FHA financing even when they didn’t want to? It seems like many sellers are not willing to accept FHA offers and wondering if you have any tips for negot...
Hello folks,Reading blogs on this forum is better than any books I can read. I am getting addicted. I have a question for you today.For last six months, I have been looking for small apartment deals (20 to 50 units) i...
I've found a triplex listed at $78k with a monthly income of $1300. I ran this through BP's rental calculator and 50% rule says it should cash flow about $320, however the tax percentage in my area is just shy of 12% ...