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I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...
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Ok so this is probably not going to be an easy read, and i primarily write this down to make sense off my own thoughts, but i thought why not let a few of the great BP minds participate and maybe together find a satis...
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I am starting my first direct mail campaign and figured I would post my plans and how things are going as time passes to help keep me accountable. Give me your thoughts, questions, and suggestions!
The Plan:
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My wife and I had been interested in purchasing a rental property for about a year with the intent of making this a business. She's a teacher, I'm an engineer and we have little faith in the future of Social Security ...
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Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build ...
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Is anyone familiar with www.fundingforflipping?
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Hi, All. I've been looking for a multifamily property, and finally came across one that seems to work. All 4 units are rented for a total income of $2,235($26,820/year), with overall expenses of $7,630. So Net Inco...
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I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
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Ok so I am extremely embarrassed to put these numbers out to the public but hopefully someone can learn from my amateur mistakes...I bought a house in DFW area from a Turn key provider, apparently the best in the busi...
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I used Josh's new file vault this evening to upload a beginner model for evaluating small apartment complexes. I would appreciate feedback if people want to take a look:
Pro Forma Template - Small Apartments
Hopefu...