Account Closed
Is Using unsecured lines of credit right for me?
Hey Everyone,Recently we have run into the dilemma of not having the down payment needed to work with hard money on our deals. As a solution, we have spoken with a company that applies for multiple credit cards for a ...
Brandon M.
Single LLC per property or Single LLC for a group of properties?
I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...
Madhuri Gupta
My experience with Flipsystem
I joined Flipsystem (FS) about a year ago for the following reasons:1. I had invested in out of state RE in the Midwest before. buy & holds in OH that we ran into several issues with, incompetent PMs and lot of re...
LaShon Evans
New Late Start OOS Investor - concerned about assets/need LLC?
Greetings BP Community from the frozen lands of Soldotna, Alaska. It's a small rural area about 3 hours S of Anchorage- not exactly a hot RE market, but we love living here and my husband has a fabulous job with abou...
Deondre Blackshear
Morris Invest ?? Has anyone worked with this company?
I came across a company called Morris invest ? Has anyone worked with this company or have any background with this kind of gig? I am just getting ready to invest and real estate and need some advice
Victor Noriega
I'm selling, tenant wants to stay longer. What do I do?
We have a investment property in Austin. The current tenant has been there for 2-1/2 years. We had told the current tenant last year that we intend to sell the property and had offered it to them at a discount. They s...
Taylor Lydon
Just closed on 3/10, now state in lock-down and cant find renter!
Hi All,
After years of following BP, I finally pulled the trigger and bought a duplex that I was planning to house hack. The sellers agreed to rent the unit they were living in through May of this year, at which poi...
Clayton Coombs
Line of credit for a rental property
Hey guys, I have been successful getting lines of credit on my rental properties (Some under my LLC & some under my name) for single family homes I have tenants in. However the bank I typically get these lines fro...
Thomas Culbreath
Open letter to anyone who is looking to get into Real Estate Investing through Wholesaling from someone who is still learning also
I know this might seem strange that someone who is somewhat new to wholesaling is offering advice, but as I am now potentially approaching my first deal I would like to offer some advice to anyone willing to read this...
Diane G.
San Francisco CAP rate up to 4.5%
I was looking recently at MFH in SF, most listings that are currently contingent or pending have a CAP rate of around 4.5%.....That is where one can break even after 20% down...I remember just a year ago, CAP was 1.5%...