Johnnie Fair
Which paint should I use for my flip?
I bought a short sale for 315 in a 500k area, the home has not been painted before, the home should be painted but I want to keep the entire budget for the flip below 10k. I don't want to buy cheap paint but I don't w...
Allen L.
LLC owning other LLCs bank account best practice
Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this?
My main qu...
Gordon Forbes
What do you invest in when everything is over valued?
What do you invest in when all the cyclical investments seem to peak at once?In my humble opinion:Real estate is due for a correction.The stock market is due for a big correction. Every currency is on shaky ground.Pre...
Patrick Menefee
1% Rule in Practice Regionally
Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...
Mike Johnson
Holy cow, where do I begin?
Where do I begin? This forum is massive and a bit confusing. I have no idea where to begin in RE investing, can somebody point me in a direction where I can start reading?
I have owned multiple businesses so that are...
Emily Sulliban
50% Rule- Is it Really a Rule?
I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...
Deisy P.
An applicant asks if I discriminate against "ex ex felons"
An applicant contacted me on marketplace and asked me "So use discrimate against ex ex felons". They asked to come see the place and I said, as long as you meet the requirements we can move forward. They then proceede...