Randy Achi
Dedicated in getting into rehabbing, house flipping, and BRRRR
Hi everyone! I'm currently looking to get into real estate, and I find house flipping and repairs an interesting category to get into. However, I have very little knowledge about getting started. I have watched a few ...
Terry Hollinsworth
Contractor wants to take most of insurance money to replace roof
Contractor agreed to replace my roof if insurance would pay for damages. He came to my door offering his service. To my surprise the insurance company agreed to pay $21,000 for damages. Our contractor quoted us $20,00...
Chris Taualii
Can somebody explain what it means "we get paid when we buy?"
Hello BP. Can somebody please break down the meaning of getting paid when we buy? If it's a buy and hold, or a fix and flip how do we get paid on the front end? Thanks.
Alex Todd
Using HELOC to Buy Outright? Then Refi?
Total newbie here but have been reading from afar about how to leverage/extract equity from a primary residence using a HELOC and want to validate an approach/idea/though to see if I'm following this properly. If I wa...
Deja Williams
Hard money lending and holding costs
So when buying property using a hard money lender, while doing the rehab portion of the BRRRR method you obviously have holding costs that you have to pay while in the rehabbing portion. My question is how do you cove...
Travis Elliott
neighbor offered me a deal on this house
He is asking 75,000 for an up down duplex. The rents are 450 and 350 and the LL currently pays all uts. Is there a way to make this work or not. If so what does it look like.
Jeff Ausdemore
Advice needed please
Hello everyone,We are on the verge of purchasing our 2nd rental property, and I'd love some of your perspective here.A bit of our background:We have app. 36 k in equity (according to the local credit union) in our pri...
Billy Jemial Miller
What do yall think of this fixer upper?
Its a 2 unit (2bd 1Bh and 1bd 1bh) current owner is only charging $975 each unit. It has over 4,000 sqft and potential for off-street parking in the back. With a little fixing up plus adding some rooms and making the ...
Scott Kelly
Advise whether to rent out or sell my property
Hey everyone, I'm new to BP. I recently bought a new house and have listed new old property for rent but I'm having trouble deciding if its my best option. I bought the house 2.5 years ago for 195k. I put 30k into rem...
Kurt Granroth
Determine Adjusted Basis and Sale Price from LP K-1 After Sale
Let's say I was an LP on an apartment complex that sold this year and while answering TurboTax's questionnaire, it asks for two very fundamental bits of information - the Adjusted Basis and Final Sale Price. As basi...