Lois Stern
Is there an "order" to purchasing first property?
I have a real estate agent [my son], I have a relationship with someone knowledgeable in construction who is willing [for a fee] to come out and give do pre-purchase inspections, I have a few places to consider [more ...
Debra Steward
Quit Claim it or forget the deal
I tracked down the seller for this property I want. He will sell me the property for $500 bucks but only as a quit claim deed. I checked the property and it needs about 30K in repairs. My concern is there is a mort...
Andrey Y.
First wholesaling campaign on Oahu, HI : Thoughts and detailed analysis
Hello fellow wholesalers,As a rental property owner, I decided to venture into the mystical world of wholesaling. I wanted to spend about $3500 initially, track my progress, and see what I would come up with. Will sen...
James Wise
REO's are on the rise
REOs Are Back on the Rise Daily Real Estate News | Thursday, August 20, 2015 Foreclosure filings were on the rise in July, as bank repossessions rapidly began to tick up, according to RealtyTrac's July 2...
Adam Shaw
Pricing-In Rehab Costs (Maine)
Hello BP Fam,I am a fairly new real-estate investor from Bangor, Maine. Past general contracting experience, but have never much with full gut renovations. I am looking at a few foreclosures, as well as a short sale t...
Justin Demember
Tax implications on new rental duplex
A 50/50 partner and I just purchased a duplex with a conventional loan. We have a tenant in each tut came with the property and receive 1000 in rent. P&I is $200 with taxes and insurance NOT in escrow. We have no ...
Mike Wilkinson
1st Flip, DIY, 83K Profit, Denver
Below are my numbers and a link to my budget sheet on the DIY flip that I just sold here in Denver, I hope this is helpful! The project took me 5 months, and I acted as the GC, agent, and drywall enthusiast. I hired s...
Eric Ippolito
Can’t get investment loan without owning a house?
My wife and I rent in the LA area and entertained the idea of buying a house (laugh track ensues). We connected with an agent and are in the middle of a pre-approval process with a mortgage officer. Today, I let him k...
Reagen Natho
Separating Days of a Booking Across Months for Taxes
Quick question! I have a spreadsheet on which I'm tracking all of my revenue & taxes that need to be paid. For tax purposes, do I need to breakdown a stay that goes across months?
James Teutschmann
How to Structure a Partnership
Hello,I recently just put some properties under contract with an investor. This is both of our first deal, so we are unsure as to how to structure the partnership. He supplied the funds to do a cash offer, so the prop...