Toby S.
Gaining leads as a new investor
I attended a real estate investors meeting for rehabbers last night. The leader lead a presentation on how to determine an offer amount on distressed properties. While the information seemed very useful for the many...
Michael White
New member and have a question on a real estate loan
Hi all - first time poster, and I have a question on best approach. For my current primary household, I used a 401K loan as a down payment. There's 36k remaining on the loan. I am currently putting an in-law suite add...
Rob Chiang
Asbestos in the Joint Compound - Insurance & Value Advice needed
I am in contract now for an apartment complex less than 16 units, built before 1980. During the due diligence period, Seller provides a positive test for asbestos in the joint compound. (previous environmental report...
Alex Shaughnessy
flipping w/ a partner
It is my understanding flipping houses is taxed at ordinary income. If the house is held for one year then it is taxed lower. Is this true, and if so, would it make sense for my partner and I to flip the property, ren...
Lacee Beitler
Online payment - Cozy users
Hi everyone!
For any one who collects rent via Cozy (or any online payment processing), I have a question about when the payment processes vs when it's received:
We love using Cozy and so do our tenants, but Cozy ...
Terry R.
Duplex - No Comps - How much to offer?
I'm fairly new to investing. I have found a duplex that I am interested in. My realtor cannot provide any comps as a duplex has not sold in the past 5 years. How do I know what price to offer? My realtor thinks the p...
Benjamin Riehle
Full remodel turned into quick profit flip
Purchased a fully gut remodel from a local wholesaler here in Tucson, Az 2 weeks ago for $105,000. Our plan was to spend $100-$115k remodeling this property and then list it for sale. Comps in the area were in the $28...
Michael Dunn
Cash-Out Refinance..... Start paying Interest immediately ?
Just had a quick question please, regarding Cash-Out refis. 1. Do you get the Amount of Cash from the Refi. sent to you , via a Check ?2. Do you start paying Interest as soon as they Lender writes you the Check ? 3. ...
David I.
Can I buy for Cash, differ financing to Cash Out & repeat?
Hello BP family,
Looking to scale quickly and obtain cash flow in a smaller market where homes are around $100k. I know the market and type of homes I would like to invest in as well as understand the infinite BRRRR...
Marc Dufour
Pre-foreclosure listings
Is it possible to ask each County Recorder's Office for the pre-foreclosure listing? or do I have to be physically present and extract them one by one on the County's computer?