James Lewis
Looking to start in Columbus OH area
Hi BP folks,I'm hoping to become a new investor from Seattle looking to invest in the Columbus area. I was swayed by the broader fundamentals in the market (pop. growth, jobs, etc.) coupled with the fact that I'm pric...
Juan David Maldonado
Duplex with a partner?
Hey everyone, So, I want to purchase a duplex however they can be expensive. I would love to live on one side if I could. My question what are your thoughts on teaming up with a partner to purchase a duplex we both li...
Shaniquea Fails
I bought a house all cash no mortgage what’s the next step?
I bought a house all cash last year. Unfortunately, I was in over my head at the time and hadn’t gotten the house tenant ready once the old tenants moved out. The house was a mess! This year although it is corona seas...
Kelly Layne
Small square footage - challenges?
We have a line of credit. Used this line of credit to make a full price cash offer on a 350 square foot home (cabin) sitting right off Kentucky Lake in rural Western Kentucky. We were competing with four other buyer...
Michael Klinger
"Plan B" refi strategy ?
I have an owner/user building that houses my business. There is substantial equity in the building, while simultaneously the business is no longer strong as it once was. My current plan is to sell (it is currenty on t...
Matthew Mello
Security Deposit Return
So I just had my tenant move out after approximately three years. All in all the damage was very minimal and most of it just needed fresh paint or cleaning. Aside for some of the structural damage done, the oven was a...
Colby Mulry
36 Cleveland - Multi-Family Asset
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $215,000
Cash invested: $55,000
Sale price: $245,000
First investment. Buy, hold, and flip.
H...
Cassandra Barr
My first home. Sold and used profit for rentals.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $66,000
Cash invested: $10,000
Sale price: $117,000
Bought as a personal home. Ended up sailing 6 years later a...
Janet Behm
REI's Who Have Corporation-NEW RULES
REI's BLINDESIDED Over New Fed RuleThe Feds put a new law in place. The intention is to prevent money laundering and funding terrorists. The Corporate Transparency Act (CTA) requires most small businesses to report th...
Jeff Davis
Advice for Investment Property Partnership Structure
Person A + B want to partner on an investment property. Person A will take out the loan in his name, while Person B is not on the loan. However, Person B agrees to manage the property until ~year 3, when person A + ...