Account Closed
Realtors, low ball offers, and lead tracking software
Hello All, Seeking some referrals for a few things. My partner/mentor and I are looking to start putting in a lot of low ball offers in on several listed properties in Will County, Illinois. Anyone know a realtor who...
Steven Scheer
Starting out with little capital.
Hi all!New to the BP site and excited to network with like-minded individuals about investing in real estate.A little about myself: born, raised and have lived my entire life in Wisconsin. Married with no human childr...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Kevin Lunt
Who inspired you to get into real estate?
Was it a big name and/or guru like Carleton Sheets, Donald Trump or Robert Kiyosaki or was it your parents, an uncle, a college buddy?
(Seeing as I'm new here; I apologize if this has been discussed before.)
Account Closed
I own a second mortgage that isn't paying, what to do?
A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
Daniel P Willis
How does the Cap Rate Work
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
Rich Cee
WHAT IS A DEAL TO YOU?
What is a deal to you and why? I'm sure not every one is strictly focused on the 70% ARV-repairs, 50% (multifamily), or 2% for B&H. The BP boys also mention that these are only guidelines, but what do you all focu...
Jerry Stanford
To Guru or Not to Guru...
Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...
Marduk Mooshoolzadeh
Can you invest with as little as $10k
I have about $10k saved and have been very interested in investing in property or somehow getting a mentor on how to invest my money. Is it possible to start with $10k?
Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...