Sheila B.
First deal under contract!
Hi everyone... I officially have my first deal under contract! Its a buy and hold duplex with the potential to become a triplex with some work. Purchased it fully rented with 25% down and conventional financing at 4....
Greg Rollins
Can I do the work myself?
BP, I am getting ready to head home from deployment and I am going to move into my house that I bought while I was gone. The plan is to live in it, flip it, try to house hack it with Air BnB then sell it with a hopefu...
Travis Buck
Possibility of being audited??
I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...
RJ Browning
Am I on the right track?
I'm trying to launch my wholesaling business while working full time. I work in Construction and was rained out this week. I seized the opportunity to "Jumpstart" things by taking some much needed action steps. Here i...
Jon Dang
Closing Soon and Nervous! Vacancy? What to look out for?
Hello BP family,
I was scheduled for a closing this Thursday. However, that has been extended a week since they have to evict two units. My loan officer hasn't got back the clear to close due and or closing disclosur...
Patrick O'Donnell
Interested Investor in Chicago
It seems to me that there are generally two "camps" of investors. Equity market investors and real estate investors. I am the former and am hoping to recreate at age 54 and develop into a home "flipper" and build a re...
Nicholas Sawyer
Newbie in South Eastern Massachusetts
Hello all.I am currently living South Eastern Massachusetts who is doing well. I am married, own a house, have a good paying job and have amassed over 100K in savings that I have invested in the stock market. However ...
Mark-Anthony Villaflor
Investment strategy for upcoming migration
I've gotten about 7 homes in the past decade mainly in linear markets, focusing on cash flow and the 1% RV ratio. I've lived overseas for quite sometime so can't really do the BRRR strategy (or hesitate to from Asia)....
Jolene Blazey
Guidance on flipping and/or buy and hold
Hello,I live in the San Fernando Valley, in Chatsworth, California. I am so anxious and excited to get started on my investing career. I am currently having a hard time "funding" a deal. I am looking to either flip an...
Katherine Nally
Timing to Close on a Property?
Hello all,I currently live in Atlanta, GA, looking to move to Birmingham, AL this summer when my lease is up and buy a duplex to live in half using an FHA loan for my first property. I've done the research and found o...