Josue Velney
Out growing relationships
I have found lately that I am out growing some of my real estate relationships. One relationship that has changed is with my insurance company. The reason is my old co gave each one of my properties a different policy...
Raymond Weston
General Wholesaling question
I was wondering; if anyone else creates a binder presentation for their Real Estate Purchase agreement? In other, do the 3 hole punch on the documents, and then place the contract in a 3 ring, 1" binder, for easy acce...
Shawn Alexander
First Rental Property
Im about to purchase a home in IL. I can get the single family home for 150k, ARV is 158-168k. I'd have to put into the house 8k cash to rehab(kitchen). So I used the BRRRR calculator, and I should have a ROI of 16.1%...
Daniel Guest
Condo remodel in an old historic hotel
Investment Info:
Condo fix & flip investment in Helena.
Purchase price: $79,000
Cash invested: $16,600
Sale price: $143,500
This nice little condo is located in an old historic hotel known as...
Zacher Bayonne
How does refinancing (for investments) impact your credit?
Hi all,I am a new investor who is interested in buying a duplex in Baltimore, MD. Soon after making the purchase, I would like to refinance and pull my capital out to continue investing. For those who have done this, ...
Account Closed
Questions about LLC's/Umbrella coverage
I'm wondering if anyone could explain if I should opt to put each property into its own separate LLC or just get umbrella coverage for all of my rentals for maximum asset protection?Also, if said rentals are in an LLC...
Christel Gustafson
Poll: One page purchase contract or the state approved contract?
I am an investor in the Austin Texas area and want to take a quick poll on whether people are using their own one-page purchase contracts or the standard state approved contracts (TREC for us in Texas)? What, if any,...
Ricky Davidson
partnership finders fees
I am about to enter into a partnership and came across a clause in the agreement on finders fees. Is a 1-3% finders fee normal in a 2 person partnership where one person is bringing the cash needed while the other pe...
Nnamdi Azikiwe
Just getting started.
Just wanted to introduce myself. Joined BP over a year ago and never really paid it much attention. On my way to take two classes:How to Buy Small Multifamily Properties and 4 Steps to Financial Freedom. Other than th...
Sara Campbell
Do you buy Leads?
Hey! Short version: Do you think buying leads is worth it? Where do you buy them from?Long version: I'm a relatively new agent just trying to generate more income for my investments. I'm having a really hard time gene...