Sean Gibson
Rookie Investor Strategy Evaluation
Hello BP peeps. I recently introduced myself and advised I’m in the Tampa Bay Area and my W2 career is a police detective. I’m also currently taking the 63 hour online class to obtain a RE license. Being ones incr...
Antone JAmes
Deal or No Deal for a Triplex
Greetings,The deal (Triplex, 3-unit) VA financed loan (no money down!)purchase price- $400,000 @3.375%property tax- $1200 AnnualInsurance- $1000-1200 AnnualUtilities $3600 (water only) Annualother cost ($200) Annualva...
Jason Eyerly
2 Bed/1 Bath...Are my numbers right? Best method of acquisition?
Hello BP, I'm looking at this deal for a family member. I've heard some folks say they would have jumped on it, but now that I'm running it through the deal analysis here on BP I'm a bit confused. The full report i...
Andrew Pettit
Traditional IRA Tax Question
Good Evening BB, I have placed the maximum contribution for 2019, into a traditional IRA to maximize my tax deduction. My first question would be that while I have not purchased any securities with my IRA mon...
Gurjot Grewal
Things to look out for with a title agency ?
I'm purchasing a home all cash. In OH the seller gets to pick the title company and they cover the fees including title insurance from my understanding. I'm sending a large sum and want to be cautious. This is my firs...
Albert Okagbue
Home Flipping at 10 Year High?
According to CNBC.....Rising home prices are bringing more house flippers out of the woodwork, and that may be a sign of an overheating housing market. The number of active home flippers last year was the highest ...
Allen Tracy
Ohio LLC pays California LLC annual fees???
I live in California and I have some properties in Columbus, OH. I was thinking about creating an LLC in Ohio for future purchases since their annual fees are low. My new CPA is telling me that I'd also have to regi...
Dan Clark
What percentage to pay project manager?
I am interested in a rehab in the San Antonio, TX market. The project manager is ALSO my RE agent. The home is a small, old (1940) 1,000 sf sfh. This home needs approximately $25,000 in rehab. I expect to sell for a...
Randy Tomlin
wholesale paperwork need help
I have decided to take up wholesaling to start out in real estate, but since this is all new to me I'm now sure which paperwork to use. I"m in NJ and I picked up a purchase and sale agreement from my local staples, an...
Chino Perez
BP Calculator Question
I’m new to the real estate game and also to utilizing the BP calculators. This may seem obvious to some of the pros out there, but I need to make sure I’m using it correctly. When using it, if a property has already b...