Kevin Hart
Exit stratagies for a flip
Hey BP'ers
I'm in the process of finding my first property to rehab, but still figuring out my financing options.
My questions is about exit strategies. I've been searching the forums but couldn't find what I was loo...
Richard Hoyte
Having trouble understanding where the profit is
Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit...
Shane Woodman
Tax question. I did not benefit?
Hello BP community. 2018 was my first year investing in real estate. I was hoping to see some tax benefits, but my CPA sent me this note:"And what I suspected did happen related to the rental. Your income was too hig...
Julia Blythe
New Member from Memphis, TN
Howdy from Memphis! My name is Julia Blythe. My husband, David, and I have recently decided to explore our love for real estate further by jumping into our first residential reno flip. We have owned and managed a mu...
Nick Stango
Hi everyone, just joined BP and it looks great, my question is: What is the easiest, fastest and cheapest ways to get started in REI?
I am a home improvements specialist/contractor and I've been wanting to get into REI for years but never seem to get started the right way. I'm not sure if it's a lack of startup money or if I just don't know how to g...
Adaora Nwogbo
The First-Time Home Buyer’s Guide (Reading)
I started reading the First-Time Home Buyer Guide and I wanted to ask a question. When it comes to getting ready on the financial side for a home purchase Mindy Jensen says ''You’ll want to have more than “just enough...
Poet Mior
Free Annual Credit Report
Hello BP Family. I finished reading the Beginner's Guide and started reading "The Book on Flipping Houses" by J. Scott. In Chapter 2 "Get Your Finances In Order" it states to get your credit report at www.freecreditre...
Jack K.
I never purchased real estate and recently acquired $400,000
I am 28, I live/work back and forth between Phoenix, AZ. and Brooklyn, NY. I've never invested in real estate because I simply didn't have the money. Now I have $400,000 liquid to invest. How would you invest this mon...
Elijah Householder
Best courses for a beginner to take?
Hello everyone! I am a complete beginner with real estate investing. I have listened to a ton of Grant Cardone and listened to a few audio books and am reading books. I am wondering what you guys think the best course...
Account Closed
Understanding A Mortgage Appraisal
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...