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Hi BP community,
My wife and I are moving to Rhode Island for fellowship and decided to start a bit earlier than planned on our REI journey and house hack. Plan to buy and hold long term once we move out. We are cl...
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Hey BP,I've been lurking in the BP shadows for about a year now and finally got around to making a profile. Coincidently, I'm also finally getting around to taking action.I'm in the Marine Corps and stationed in San D...
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Hello!
I am looking into buying my first rental property. One of the many questions I have is if it better to buy a rental property first than buying your primary residence or would it be better to get your own place...
I have the Agent I want, and have finally seen a listing agreement. We were fine untll line 56 to 72. There are 5 sections re Compensation to be paid to broker, and I've asked for modification to Sections A and B, to...
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I came across and REO that looks like a good prospect to wholesale but it has 2 room additions that were built without permits. I spoke to the city engineering department and they said they would need to have plans su...
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Sometimes you have a fabulous property that you love flipping. Sometimes you’ve got a project that drags on and on, but you know the return will be worth it in the end. And sometimes you’re faced with a choice: is it ...
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For those of you fans of leverage or using the bank's money...here's a provocative blog post: Why It's Not Necessarily Smart to Pay off Your Investment MortgageWhat do you think @Brandon Turner , @Ben Leybovich and ot...
Hey guys. I finally picked up my first flip after 5 months of trying. I used a conventional loan so the house is in my name. I opened a LLC for my tax write offs and I'm looking at a 20k rehab.
My question is how can...
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I have a daughter in college with a 4yr tuition bill that will total $120,000 plus. So, while money is tight I thought it would be a good idea to purchase home warranties for our 3 homes (10 individual units in total ...
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My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...