Levi Bennett
Wholesaling - Question about Due Diligence Fee in NC
In North Carolina, it's customary to have a "due diligence" fee when executing a purchase agreement. Where I come from in Florida, there is no such thing. This is alien language to me. The buyer had 10-14 days to insp...
Chris Martin
No HUD sales... for how long?
Since we can't bid on HUD properties for the time being (in NC, SC, IL, IN, VA, WV) does anyone know when HUD sales will be back in business? All HUD properties were withdrawn, because of a change in the asset manager...
Omar Merced
Homes under $100k Roll Call
A member reached out to me and asked me to help him find an investment property in Las Vegas under $100k. I did a quick search from MLS and found that we have a little over 13k SFR (all numbers approximate) out of tho...
Daren Miller
New Member Introduction
Hey BP,I am from Northeast Pennsylvania near Scranton. I am 22 years old and will be graduating from Penn State in May with a B.S. in Accounting. Also, I have $0 in student loans and I have enough cash to put down 20%...
Account Closed
BRRRR method/First large out of pocket investment
Good Morning from Maryland. I would like some assistance for my current situation. Currently, I have two rental properties that I was able to house hack and lease to long term tenants in VA. I got married and moved to...
Maranda Tucker
How much $$$ did you have when you started investing?
My husband is convinced we have to be making $200k + a year before we can start investing. I KNOW that isn't the case. I have met a few that started with very little and built their empire over time. When you first st...
Amy E.
Buying Strategy
I recently started investing in SFR's in May with a business partner; we formed an LLC. We both put in equal shares of cash and bought two properties. I liked it so much that I then lent our company another infusion...
Nick B.
Final K-1 and TurboTax
Do we have CPAs familiar with K-1 forms and TurboTax? I got a final K-1 from one of my investments (it sold in 2018) and don't know how to figure out my basis and sales price from the information provided on that and ...