I've done a few deals now, educated myself more, and now am regrouping for my next move. In doing so, I'm wondering if making money passively is possible remotely. Below is a 30-year hold (life of loan) KC SFH B+ Clas...
Hello BP,
I’ve seen numerous investors preach to invest in bitcoin. I thought I’d ask the BP community on whether or not it would be a good idea to do so. Some people say it’ll be a “trend” that’ll end, others say the...
Please forgive the lengthiness of this post.My situation isn’t unique, but there are one or two factors that make this situation, in my eyes, impossible. My father passed three years ago. My husband and I decided to m...
For those of you who live in California, you may think you can "Triplex" your home by tacking on an ADU and Jr. ADU to your existing dwelling. From what I've gathered (at least in my city), the truth is that you CAN d...
In March 2015, we worked through Maverick Investor Group to purchase a property in Birmingham, Alabama. The Seller was Birmingham Income Properties - owned by Brad Lewis and Bryan Conwill. Property Management would ...
Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
I know a person who has about 140k to invest. This person has an interest in rental properties and flipping houses. If they want to make a living off passive income from real estate, how do you think they should get s...
I'm going to check out a 2 bed 1 bath mobile home tomorrow. Everything sounds good, he had to move for his job. He is asking $8000 or $3000 down payment and make payments.
The mobile home is a 1972 14x60.
He comple...
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...