Hi!Background - I am planning to lend money to a family friend (to his LLC) to do 2 flips. Once the flips are completed, I get a cut of the profits. We will be signing a promissory note to document this in writing. No...

So here is my situation: I've decided to form an LLC renting multifamily properties. Right off the bat I will have 140k of my own cash to work with. When I initially became interested in the idea of multifamily renta...

Hello all,
My friend, @Austin Kanode and I are starting a rental / flip business in 2021.  I have a couple of questions and would appreciate some insight.
My partner and I will be 50-50 owners of the business and wa...

Hello BP’s my name is Al.  I’ve listened to a variety of BP podcast episodes over the years and while they are interesting, they are often talking over my head. I am an absolute novice when it comes to real estate as ...

Hi Guys!!

Quick backstory about me. I have worked in the aerospace engineering industry for 8+ years. I quickly saw that path led to a long miserable 30-40 year career with little freedom and flexibility to find ...

First of all Hi everyone, I am so exited that I found you on this website. And that I could learn, and be part of this community. Like I said I am new at this and I don’t know where to start. Where I can find my answe...

I purchased my first duplex two years ago and have been living on one side while renting out the other and making improvements to my side along the way. I finished improvements and purchased my 2nd duplex 3 months ago...

Hello everyone I have an interesting situation that I need some help with. My best friends parents just had to move due to there home having major code violations and them finding mold. They would probably not be my f...

When buying and flipping houses, what is the standard amount/rate to pay the General Contractor doing the renovations?

Good Afternoon,I am a school teacher in the Houston area trying to get into owning rental property.  I'm having a difficult time getting my foot in the door. There have been several properties that I was interested in...