Alexander Chavez
New Member from Chicago!
Hello Everybody!I am new but old to BP as I originally joined back in the middle of 2014 and was following along until I began searching for a new job (Engineering)that was closer to home (was commuting Chicago to Aur...
Account Closed
1.2 Million
There seems to be too much money left on the table that even for someone extremely allergic to risk, it seems to make some sense also rehabbing and selling the property to a retail buyer. I am looking at securing $1.2...
Jonathan Winkler
Fund an REI business with ira
Hello BP forum,I came across an article this week that suggested funding a new business with an IRA and that could be used for investment properties. It seemed a bit unconventional and I haven't seen that suggested i...
Shanai Inns
Wholesale Deals
I have a really simple question that I probably already know the answer to, but I just want to make sure.When you're looking for wholesale deals is it okay to sign a contract with someone that has already listed their...
Alvin Grier
How to Approach Family/Friends for Private Money
I understand that it's mostly about the mindset, ie, you want to "present them with an opportunity" vs "ask for money," however I was looking for a little guidance on what to say to initially bring up the opportuni...
Lynette D Nickleberry
So glad I incorporated!!(?)
Trying to decide if it's time to incorporate as an llc. Share accounts when having an LLc has worked to your benefit. Moments when you said, "soooo glad I incorporated!"Thanks!
Mike Purvis
What are your thoughts on this $20,000 rental in Detroit?
http://www.trulia.com/property/3084334009-PALMER-GROVE-PARK-SUB-PLATS-9935-Grandville-Ave-Detroit-MI-48228
Jeremy Solomon
New investor looking for advice
Hello B/P. I am brand new to investing in Real Estate. A coworker of mine was telling me about his investing and I asked to get involved. He sent me a contract for me to do some hard money lending in support of a prop...
Justin Goodin
I spent $33,836 renovating this apartment unit.
I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...
Hideaki Yen
Question about accounting
How much accounting do we need to know to start in real estate? Do we just need to know the very basics like keeping track of net worth and balancing assets, liability, equity? Or do we need to know more advanced topi...