Account Closed
Detroit,MI investing advise
Hi all. I am new to BP and like many others here after reading Robert Kiyosaki's books got my mind set on real estate.I am getting an equity loan from my primary residence and was wondering if it is a good idea to inv...
Erik J Courson
Determine monthly rate for str
Hi everyone! I recently purchased a house in Panama City Beach, FL, listed in May and have enjoyed a wonderful summer season. I've been at nearly 100% occupancy, averaging just over $450/nt.I've received an inquiry f...
Account Closed
Flips that turn into holds
What is the best entity structure for a business that buys then sometimes holds and sometimes flips? It's not always easy to know ahead of time if you are going to keep or flip. So it would be nice to just have both...
Account Closed
Let's start a networking meet up in Fort Worth.
Would anyone be interested in meeting up to talk investing in Fort Worth? I just moved here and I am a newbie investor. I'd love to talk to both seasoned successful vets as well as younger like-minded financially free...
Adam M.
GP Advice? Maintaining Communication With Passive Partners (When NOT in a deal)
Hello BP,Just curious to hear how other GPs keep LPs in the loop when they are looking for deals/do not have any opportunities currently available for them? I know some like to do newsletters/mailing lists but I was c...
Lance Cummins
How should I approach a wealthy family member to be my PML?
Hi BP,I have a wealthy family member in the construction business and I am considering talking to him about possibly being my private money lender.I am looking for advice on how to pitch the idea to him.
Alex Barber
Investing with my brother
My brother and I want to start a real estate business. He wants to be a silent partner while I do all the Managment aspects of it.What would be a good way to split the business? We wanted to split the profits 50/50 an...
Mark Lynch
How much value does addding a second unit to a home add?
I know it would be hard to give me a solid number. But, can anyone on here give a round about amount you could expect to add on to homes appraised value if you add a complete second unit to a home. Let’s say a 2 bed 1...
Stephen Leblanc
cash flow and mtg
How far would you drag out a mtg to increase your cash flow. I'm getting a mtg right now for a rental and the mtg company put it over 40 years. I wouldn't have dreamed of putting a mtg on a rental for that long, but...
Luke Elliott
Up/down Duplex property
I found an up/down duplex in Pittsburgh PA to pursue as my first rental property. I ran an analysis on this property and it should cashflow. I was wondering if there are any experienced investors or inspectors in the ...