Jay Coolidge
Flipping, Budgets and Electrical
I bought my first flip home. The home was built in 1920's. I am currently in the initial stages of cleaning the property and getting quotes on the work that is needed. Plan on putting in new HVAC, flooring, windows...
Ed Melo
3 hole outlet on ungrounded line
I have seen some older houses where some of the outlets have been replaced with 3 hole outlets although the line going to them do not have a ground wire.
Is the only good solution to this problem replacement of the...
Isiah Ferguson
The upside of D class neighborhoods ?????
Hey, BP family. I've notice as a new investor that it seem like everyone is trying too avoid D class hood. I hear a lot of negativity about it. Is their any upside with theses neighborhoods ? What's on the positive en...
Derron Taqee
Was Kiyoski right when he said a business owner can pay themselves first and the gov taxes whatever is left?
So I just finished reading Robert Kiyosaki's Rich Dad Poor Dad and he stated something about how business owners pay taxes vs how 9 to 5ers pay taxes. He says 9 to 5ers pay the gov first in taxes and they get whate...
Tyson Fugett
High Cash Flow / Mediocre ROI = Good Deal?
BP Friends, I'm looking at 5 single family new build homes as a bundle from a builder in Oklahoma. I would put 25% down at a 5% interest rate on a 30-yr fixed. I'm estimating the cash flow to be $530 per door conserva...
Tony Marcelle
Using cash advance for real estate?
What are the pros or cons to using a $2400 cash advance to invest in real estate like investing in something that will create passive income monthly?
Brandon Turner
House at the bottom of a hill - Drainage help?
Hi, I own a house which is situated at the bottom of a large hill. The house itself is fine, but the garage sits back further than the house so that the back of the garage is only about 5 feet from the bottom of the h...
Kyle Grimm
Two junk cars parked in tenants driveway. Now what?
I have tenants who have 2 cars parked in their driveway that don't move. They have flat tires and look like crap. They drive a mini van that looks and sounds almost as bad. They park it on the street. Is there anythin...
Dan Perrott
Bees - are they a landlord responsibility?
Today I received a call from a tenant that bees have invaded and have made a nest in the soffit by the front door. My question is - Is this the responsibility of the landlord to kill off the bees or is it the tenants...
Tehseen Baweja
2nd Lien Non Performing Notes and Bankruptcy
As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...