Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Can someone suggest a good way to estimate repair costs, or should I just stick with quotes from multiple contractors?
Everything that has been happening lately has really opened my eyes to the reality of the world we live in. Being a landlord now I feel that it is my responsibility to help build our communities and stop the hate. I’v...
Hi BP community I'm under contract for a couple of months now. I found this house I like in an expensive market that I'm moving to in September. FYI This 2-family I'm going to househack and rent out the rent. At that ...
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
I am looking to make an offer on a 9 unit in my farm area and I need a little bit of advice. It is in a B- part of town that is quickly transforming into a sold B and potentially a B+ in the future.
The askin...
Written by a baltimore city landlord recently....perhaps the funniest thing I've ever read.
Thanks Mary Jo, you raise a wise point. To Chris, Heather and everyone else who was asking about how these turned out, par...
Hi all, after chairman Powells speech yesterday, it is clear that the fed is committed to fighting inflation by raising interest rates and selling bonds. This will have a negative effect on the housing market due to l...
This would be my first attempt at a deal, here are the numbers on this duplex: Top to bottom duplex with both units having 3 bedrooms 1 bathroom. Not that great of an area, one unit occupied and other is accepting a...
Hello BP Family,Happy Sunday and I hope all is well. What would be your advice to someone that is interested in using lines of credit to start a fix-n-flip business? Here is my mindset on how the LOC process starts, h...