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Hello everyone, I'm brand new to BP but have been listening to podcasts and reading recommended books on investing for a while now. I am going to be completely candid in this post so I can get some specific help. My f...
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Hi all,I am curious to hear how to go about preparing their criteria/checklist that I should look in a potential investment (for Buy and Hold rentals), and what indicators I can look at in order to maximize my investm...
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Hello BP, I'm new to real estate investing and was hoping to get some clarification on the BRRRR method, specifically the Refinance part. I'm assuming we are talking about a cash out refinance correct? What is the mos...
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BP community - My friend approached me about a property that he purchased almost 6 years ago in Richmond VA. He went in on a deal with his brother to fix & flip this property, but for whatever reason, plans fell t...
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Hi everyone! I am very interested in getting into the world of commercial real estate where the loan you can get is not dependent on your income, and you can seriously increase the value of the property via NOI, simpl...
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I went to put in an offer on a package deal with a real estate agent. At first I just wanted to do a LOI, but they said they don't do that. So we proceeded to talk about the purchase offer. Of course, I am nervous ...
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I have agreed with a seller on an offer price for a triplex which will be my first REI. According to the seller's agent, the first tenant has lived there for 16 years, second tenant 6 years and third tenant 6 months. ...
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Does anyone have the pros and cons of using a lease with an option to close vs. a standard sale and purchase agreement with a delayed closing date out 2 years?
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[b]Long story short.....well kinda: My partner and I have opened an office doing Taxes, Notary, Credit Restoration, and dabbling in Real Estate Investing. We have been in business for 2 years, and own an office in Bro...
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Reading through some of the discussions, I'm seeing a lot of mixed views on wether or not an LLC is necessary for wholesaling. As I enter the final stages of preparation, my initial plan was to just create an LLC righ...