Larry Flanagan
What have been your worst investments?
My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
Chris Trupiano
Devil’s Advocate for direct mail plan
Hello! I'll soon send out my first mailing and am hoping for any with past experience to point out any questions I'm not considering, or further poke holes in my plan. I'm looking for value add, small multi family.I’v...
Gary Parker
More Dodd Frank - Interest Rates
Thank you Brian Gibbons and Bill Gulley for all you have posted about this subject. My brain really hurts. Assume I buy a house using a portfolio lender for long term financing and they loan me 75% LTV after th...
Shanna Vataj
Biden Administration’s Capital Gains
Interested to see how other investors are mentally and physically preparing for a reversal of 1031 exchanges. How are you altering your future estate plans if this goes through? Investors currently pay a 23.8% top ra...
Brian Warren
Adding bedrooms to a triplex. Permits? And resale headaches?
I have 2 almost identical triplex apartment buildings.Both have 2 very large framed / screened in from porches. Estimate 40’ x 14’ It would be very easy to turn half of each one of them into a 3rd bedroom and still ma...
Tom Bunton
Many questions as a new investor
As a new investor looking for land in the 50k range should I stay away from property w/no road access? Sounds like a no brainer but land is so much cheaper and hard to ignore. I am also looking for do's and don'ts of ...
Jordan Delima
Renting out my first home I bought
My total expenses cost about 2650 a month. I did some research and came to a conclusion that I may be able to get 2400 a month if I rent it out. I was wondering if it would be worth renting out and paying the extra co...
Brett Hearn
Termites found in the inspection during closing
Hi everyone,So kind of bad news on this deal I have under contract. I am doing a BRRRR on a SFH for $77k. Anyway everything checks out but Termite report says "evidence of termites". The seller has agreed to pay fo...
Brian Sherman
Have you found a deal in the Sacramento, ca area?
Are you an investor in the sacramento, ca area? Are you finding deals in this area on small multi-family units (4 plex or less)? How are you going about finding them here in this crazy market? I'm about to buy my fisr...
Daniel Harnsberger
Land Development
Need some advice from the BP family.I have a seller who has a property that sits on 2.6 acres of land. Land has the following features:-has been perk tested-seller owns easements that will allow sewer lines to be ext...