First time landlord to be. I'm looking to forecast and budget for 1) capital expenses relating to big ticket items (roof, hvac, appliances, unforeseen etc.) and 2) ongoing repair and maintenance costs. I've searched t...
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
Hi Everyone,
Here is my latest flip in Sacramento. I wanted to thank the "BP Nation" for all the advise.
New Roof, New front porch, paint everywhere and remodel of the kitchen and bath.
1 month to rehab. Offer ...
Hey BP,
I'm trying to buy my first property, and I'm going to send out a
bunch of mailers to people who own the specific type of property that
I'm looking for; who knows if that'll work, but just in case I want t...
Hello to all!To reference, can someone with experience building out neighborhoods breakdown the steps after land is acquired?For example: 5 acres has just been purchased. It has a good amount of trees. A sub-division ...
In trying to think about structuring deals with potential motivated Sellers, what is the difference in tax treatment for profit from a sale (in the case of equity over mortgage balance) as compared to payments receive...
I've read thousands of posts on this site and others and I don't recall ever hearing this idea, at least not called out specifically.
I was thinking, since a licensed agent can't give a non licensed person a fee/com...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $20,000
Cash invested: $3,000
Sale price: $55,000
Wholesaled this sweet deal #60 since 2018
I bought the house from...
The Federal Reserve cut the Federal Funds Rate to 4.50%
See story:
http://biz.yahoo.com/ap/071031/fed_interest_rates.html?.v=14
8)
Hey everyone!
I wanted to get some advice about my investment property. So, in 2020, I bought my first house with only 5% down. I put in a lot of work and made some improvements while I lived there for a year, which ...