Thea Linkfield
We made $35k on our first flip!! (But it took 12 months)
Hey BP! We finally closed on our first flip on Friday and I now feel like I can post about it! After being under contract 4 different times, I feel numb to the whole selling process and it hasn't actually hit me that ...
Bill Dengler
Confused "Highest and Best Offer"
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
John Kim
How do you keep buying rental property when you run out of down payment money
So my problem is that I have enough money for a down payment for 1 more rental property.Once that is gone, I have no more money for any more down payments.I work a full time w2 job so i can't spend the time to flip a ...
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
Hi, I am having the hardest time finding a bank that will open a checking account for an LLC because it is owned by my Roth IRA. Apparently this is an issue that other investors have faced as well, because it require...
Eric Foster
Marketing Ideas To Find Deals!
Hello All,
I hope I caught your attention with this headline!
So I was thinking… (oh no here we go). I truly believe that to be successful in ANY business (real estate investing or not) marketing is the key! Withou...
Joseph Weisenbloom
Whats the strangest thing an underwriter has requestedof you?
As real estate investors we fight the constant battle of getting approved for funding. Collecting paystubs and W2s seem pretty reasonable but then there are other requests that leave you scratching your head.My recent...
Kate Murphy
Turnkey condo in Dorchester questions
Hi all- we have recently completely a flip in Dorchester Center. Two units of a three unit building, fully renovated with parking which are listed under 400k each, 3 bed, 1 bath. In three weeks on the market We have r...
Greg Pond
What are top upgrades for buy-and-hold rental property?
Curious to hear what the BP community thinks about some of the top upgrades for buy-and-hold rental property. We own a property management and real estate brokerage firm in Denver, Colorado that serves real estate inv...
Jon K.
Where do tenants with bad credit live?
I was browsing rentals in my area and even in the cheap moderate ghetto, the rental listings have a credit/background check fee. We're not talking high end apartments, but the cheaper, older, less desirable neighbo...
Joe Arida
Detailed Experience Story: First House Hack
Hello to everyone!On October 31st I closed on my first Duplex. It is in Fitchburg, WI. This is my detailed recollection of the buying process. For anyone who reads the whole thing I truly hope it helps you and please ...