G'Day everyone,It's your favorite Aussie and The Real Estate Dingo.I am writing to you today with my head down and my tail between my legs as I just lost $25,000 on a recent deal.ps. This post deserves at least 50 vot...

Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...

I am curious if anyone has employed the simple strategy I was thinking of for investing in any kind of property:1. Use something like ATTOM API to get historical sales snapshots, or just all the historical sales of th...

I pay $25/door to install std. Pre-hung doors, $50/door if they are bi-hinge doors. On Friday a new carpentry crew I'm trying hung 11 doors (8 singles and 3 bi-hinge) in 3.5hrs. So he made $100/hr minus $41/hr for his...

Answer this… If I could walk away with XX years of my current annual cash flow, it would be worth it for me to sell my property now.Since we may be due for a correction here in the near future, I figure I’m not the on...

I've been analyzing several properties daily, and I can't find a way to make BRRRR work right now. I found one bank-owned property with the potential for a small positive cash flow. I connected with the investor-frien...

Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona.  It is on a commercial building, 8 units, and...

Greetings!

I have my first rental under my belt, and am looking to flip the next one.

My question is, what is the best way to finance a flip? For instance, on my rental, I got a 30 year mortgage, and there is a p...