Robert Beauvais
Getting Started in Memphis TN
Hi, my name is Robert (Bob) I am in IT Sales in Memphis TN and looking to start a Real Estate Investing business. I have little experience outside of being a home owner several times throughout my life. I have been do...
Samuel Boyd
Short Term Rental Investment in Melbourne / Palm Bay FL
Investment Info:
Single-family residence other investment in Palm Bay.
Cash invested: $15,000
We renovated this property from the ground up and have listed it on Airbnb as a short-term rental since Decem...
Jared Saunders
Quit my job at 21 years old to become a buy and hold investor!
Hello everyone! Let me start out by stating how glad I am to have finally pulled the trigger on a BP Pro membership! The information on here and investor tools can really accelerate your business to the nest level. Ho...
Lawrence Gillett
How do you value a cash flow negative business?
Looking a buying a non-performing business of an art workshop franchise. Being a franchise, can't share any of the numbers (signed an NDA).
Labor costs are way too high, and the owner is barely involved. There's alw...
Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Tray Ross
Value per door when acquiring a PM business?
I am interested in purchasing a property management business out of South Carolina. It is a short term vacation property management for the most part, and there are 62 doors. They valued the company at $675,000. Howev...
Phil Long
Economic Model for Flipping Business
Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...
Terrell Boyd
How to get line of credit with no business income and no credit?
Hi,I'm curious about ways to get a property for a new business I started. The business doesn't have any revenue as of yet since it just started. I also don't want to use my personal credit at all. How can I get proper...
Bryant Hull
How much should I value the purchase of a property management company?
I am aggressively looking for property management companies for sale in Orange County CA. I have seen pricing vary. It typically falls into 6 months of gross management fees on the low end and a year and a half of gro...
Jose Gonzalez
Should the goal be get a business first or go stright into RE?
Hello BP, I been lurking around in BP for a little over a year now. In this time I have been able to get my credit score up to 760 and save about 40k to start my RE investment journey. Now that I have these means I’ve...