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Hi BP. I am currently working on negotiating an off market deal to sell my primary residence 3 unit property in Saratoga Springs, NY. The potential buyer wants to give me a good price for the property but would like m...
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Guys, genuinely curious because I get so many differing answers. What can we, your friendly neighborhood lending community, do to help you guys and add value? I feel like a lot of times there is a fairly adversarial r...
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Hi, I am looking at a HUD property to flip. This would be my first fix and flip, so I am very new to everything. I was hoping to get some clarification on the anti-flipping rule. Does this only apply if the buyer i...
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Hello everyone!
I'm just looking for some quick advice. Currently, I have a single family property that I closed on in early 2024 and am working with a property manager to find renters (was told that this is a somewh...
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Hello BP Family,I am 35 and am just wondering if I should be considering 15 or 30 year mortgages. I have a goal of 5 properties in the next 5 years minimum and then hope to expand more rapidly thereafter and want to e...
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Hey everyone, my name is Jorge Vazquez. I'm a broker in Tampa and have been navigating the real estate waters for over 20 years. Given my time in the field, I wanted to share some insights.
For me, real estate has be...
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I'm looking to find someone who is using their 401k fund to invest in real estate. I've read about having to keep the money at arms length (3rd party) and not being able to actively manage properties. Particularly int...
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We bought this outdated & uninhabitable 2BR 1BA 800 sq ft SFR in Smyrna, GA on May 10th, 2017 off the MLS. It was listed for $68K and had multiple offers with a highest and best situation. We paid $73,800 cash for...
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My wife and I bought in an up-and-coming neighborhood just three years ago, but now have 130K in equity almost entirely from appreciation. We have solid jobs and a small emergency fund. I am interested in deploying ...
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I see that many people in the BP forums state that you don't need an LLC for an STR, just the right kind of insurance. If I want to be 200% sure to protect my own personal assets and other future rental properties fr...