I just got a new unit, a townhouse that had been completely redone by a contractor. New kitchen, new bathrooms, ceramic floors, it is all nicely done. I am moving in a tenant from one of my other units who wanted s...
So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. So how many of you out there have used leverage, maybe conservatively, to increase you net worth and c...
So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.
Thought a brief discussion could be fun:
1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...
My in-laws are gifting my wife and I $65000 to invest in buy and hold real estate. I'd like to hear your ideas on how to best use this amazing opportunity.
We are considering a new house to live-in flip. The brand new siding (installed June/July 2019) is melting above the front door. Located in Colorado, and it's been hot the last few weeks.
There is no window next to t...
Is a heloc better than cash out refi. I own 2 condos both have 40-50 grand equity. Both rental properties. I love buy and hold and ready for burrr. What can I do to get a 4 plex? Determined to get one asap. Thanks!
Hi BP!What’s the most amount of properties you’ve flipped in a single year? How did it go? How many contractors did you use? How did you find all your deals? How big of a geographical area did you focus on? How many m...
My buddy and I would like to buy a duplex and our question is, could we each get a personal loan for 30k, let it sit in our accounts for 30 days and then use the combined funds to purchase said property out right? Pro...
I just sold a SFR rental property for another BP'er who lives out of state - we just went on record at the Registry of Deeds a few minutes ago.I knew that the market was very hot in Quincy, MA where the house was loca...
After I rehab my projects, I want to get as much money as possible out when I refinance. Does anyone know specific companies that offer high LTV's? Should I go through regular banks? I'm looking for 90%.