Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...
Hello BP!As 2021 winds down, I wanted to share some of my favorite books I've read over the past year or so with a brief description.Would love to hear from other's what books they loved this year and what they have o...
Hello everyone! Myself and 2 partners are getting close to purchasing our first property together and we will first need to form our LLC. It's pretty simple, 3 ways equally. We would like some input on the types of...
How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...
A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
Hello! My name is Emily Simmons and I initially wanted to start flipping houses but I do not have enough funds to buy a house right now. I have some funds saved just not quite enough. So i've been reading up on wholes...
I would like to bounce a situation off y'all. I am currently under contract on a commercial property that is 11 residential units. This is only our second multifamily property so we are far from experts. The seller...
I have 3 separate new entitled construction projects that i developed myself in need of financing in the los angeles area;About $3 millions needed to build 2 architectural homes and one warehouseProperties are current...
Hi everyone!I’m a new real estate investor. I’ve started to learn more, browse the forums, listen to podcasts, and attend meetups. I keep seeing people seek out and utilize real estate agents, but I’m not sure why.Sim...
Hi everyone,I am currently getting started in real estate investing and I’m learning a lot from the webinars and from books like the BRRRR and Investing in Real Estate With No (and low) Money Down. I believe I have th...