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BP Community,This is Shawn Ward of Belle Hampton Properties in Los Angeles. My partner and I just purchased our next flip in South Los Angeles and decided that instead of posting a success story at the end (which I st...
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I have purchased many foreclosures in the past 8 years and most needed quite a bit of rehab work. I have a contract to purchase a residential foreclosure in a affluent neighborhood for $160,000 but property cu...
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My company has just started and I am looking for some guidance on some important forms that I should look into for a property we are going to potentially purchase. The property is a 6 unit, in an up and coming part o...
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I am planning to invest with Summit Capital Partners LLC, a company in seattle who provide partnering opportunities. Here are some of my questions.1. Has anyone worked with them in the past that can vouch for them? I ...
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This is my first Discussion.I have been up digging the the archives of the BRRRR for a few weeks now and found so many discussions and the truth if the matter is , I'm just stuck as to which way I should move forward!...
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My wife and I update our balance sheet every month and have different growth goals that we track. It occurred to me today though that we very much use the accounting method for this and take the book value of each of ...
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Hi All,Since I've got a lot of projects going on, I thought I'd consolidate the updates that I post onto one thread. I'm not too great at consistent updating, but when I do update I'll post on here!Here's (a few of) m...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $38,155
Cash invested: $40,000
My wife and I bought this house. For 38,155 it was a HUD home and we had to live in ...
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Hi, I m planning to buy a HUD home located 9005 Rainbow Ln Port Richey FL. The home is listed for $68000, - what do you advice to bid for? Is this a good property to invest and rent?Thanks in advance.Mahesh
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Hi All -I'm currently under contract for a 7 unit building that I think is a great opportunity (meets the 2% rule even!) I got it at a great price because it's a bit run down and in need of some TLC, and that is causi...