Tony Castronovo
Just Completed Two BRRRRs
I am excited to be closing on two refi's this coming Friday....both of which I applied the BRRRR strategy. These are my 3rd and 4th property, respectively. Definitely some things I learned that I plan to apply on #5...
Christopher Dunson
Mechanics lien on Flip property for undone work and no contract
I have someone who had no license when doing work for me, and now has a handyman's license organizing and subcontracting work on my flip. Initially, I told him that I may have to wait to pay him $15000 for work done u...
Andrew Massaro
What are your greatest struggles and concerns?
I'm interested in hearing what new wholesalers, or those that are thinking about entering this business, are most concerned with, or struggle with the most. Some suggestions below...
1. marketing - finding motivated...
Kurt K.
Deal Analysis.
Hi everyone. I'm new to BP and new to REI in general. I'm looking to do my first deal and currently have an offer in a 6-unit multi-family house. Seller asking $140k with gross profit of $31k and net with $19k(w/o dep...
Jamie K.
Sell my new rental for a 30k profit or keep renting??
Hello BP community! I'm almost a year into my REI journey and I currently have two sf houses. I originally paid 131k for my first property in Joliet,IL which casflows $300 per month after all expenses paid. The dilemm...
Collin Hays
Any corona virus inpact on your STRs currently?
Disclaimer: I think the Corona Virus thing is a bunch of fake news. It's no more deadly than the common cold.That said, with all of the media hoopla about it, are you seeing any impact on your STR reservations? We ...
Matt Cianci
Long Distance Landlord - Avoiding Management Companies
We are a group of investors from NY, NY, TX looking to buy a duplex in FL. Many of the deals we evaluate are showing 7-8% cap rates, which works well for us, but once we stick a management company fee on there it is w...
Andrew Eaton
High End SF Bay Area Flip - Risk-Return Opinions
I am negotiating the purchase of a well located home on the SF peninsula. As it stands, it is a 2BR 1.5BA, 1,020SF home on a 5,000 SF lot. It is currently a rental that needs some TLC.Purchase price will be approx. ...
Joe Pitrolo
Panic , Can't rent Townhome
I recently purchased a new home and renovated my 2 bed townhome in Morgantown WV, 5 minutes from the college. I added a 3rd bed and bath and the going rate is 1500 mo. This is close to the hospital and University. ...
Robert Fry
Buying partial notes
Reading through this site has opened my eyes to problems I never thought of. I usually stick to local rental properties. While trying to find a new investment for some cash I needed to put to work, a friend recommende...