Daniel Eley
Self Storage Newbee - please help
Hello, and thank you in advance for reading this! I am a dentist, looking to get into self-storage as an owner/operator. I own two dental offices, so I have business experience, but no self storage experience. My g...
Anton Ivanov
5 Ways Turnkey Companies Inflate Cash Flow Numbers
Hi BP,I see tons of investors interested in turnkey properties lately, so I wanted to share my experience analyzing these deals after buying 4 in the last 12 months.After looking at maybe 100 or so properties, I can t...
Account Closed
Gut to studs? Drywall question
Hi there, I am in a process of renovation of a house. The house is quite old, and has smell in it. The previous owner had pets. I will be changing plywood floor here and there. But I am more concerned about the drywal...
Nathan Sharp
First Fix and Flip. Eye-sore SFR into beautiful home.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $78,000
Cash invested: $59,000
Sale price: $137,793
After years wanting to invest in real estate, I finally too...
Stephen S.
What is and isn't bird dogging ?
People have brought me real estate deals for many years. Some I bought, some I didn't buy, and some I paid a finder's fee - I thought of it as a huge tip for a great service. On BP I read that this practice - tel...
Joshua Dees
A fork in the road, tired of losing
Hello all!
I am writing from Wylie, Texas where I live with my wife and 3 kids. we recently moved from Dallas, to get away from the inner-city feel. My wife stays at home and homeschools our 3 kids. I used to work co...
Sarah Buchanan
Police damage property to extract burglar
This evening, a tenant of ours was notified by the police that a man they were pursuing had entered her home (our property). He was of no relation to our tenant, just happened to be running through the neighborhood t...
Sean Integlia
Cooperative Lease Options
Hello All,
Was looking at these after purchasing the King Cooperative Purchase System. He includes the contracts, but only shows how to fill out the main one. Process is,
1. Locate seller with little or no equity....
Jason Thomas
Capital Gains savings by selling rental with allotment sale
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
Luanne Dvorak
Land Contracts
Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....