Keith Goodwine
Went bankrupt trying to wholesale, here's my sage advice
As the title says, I went bankrupt trying to enter wholesaling. Full disclosure - Part of it was deteriorating mental health and desperation. I was manic and reckless.Another part of it was unrealistic expectations ...
Rob Cook
Are you Stuck in Neutral, unable to get started in RE investing?
Today, I read only two blog posts on BP, and BOTH were about the same subject. Getting Started in RE investing, essentially. I believe there are very real, and many imagined impediments to would-be, aspiring Real Est...
Aaron Moayed
Still 7-12% Mgmt Fee for $600 Rent?
If a rental property has $600-700 in rent coming in, is it standard for property management companies/people to take 10% of that ($60-70) or is it common for them to have like a $100 minimum? Just getting a feel for s...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Russell Strom
Residential Backflipping
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
Tim Czarkowski
Purchase an HOA Lien?(On purpose this time)
I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
Caleb Spillyards
The time is now! next steps?
Hello everyone! First time poster here. Im a stuntman in the film and television industry living in both atlanta and los angeles. I just finished how to invest in real estate in 2 days and Im really looking to t...
Rick Martin
SO HOW MUCH WILL I MAKE INVESTING IN AN APARTMENT SYNDICATON?
This post has to start with a disclaimer. No one can guarantee returns, and there's a risk associated with any investment. Having said this, it will give those who are curious a rough ballpark of the kinds of returns ...
Dustin Burke
World Wide Dream Builders (WWDB) - Amway
So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...
Mark S.
Obsessed w These New Duplexes - PLEASE, HELP ME ANALYZE!
Sorry for such a long post, but I'm semi-obsessed with this potential deal. I've been wanting to buy one of these brand new, all-brick duplexes for some time now. I tried to further break it down. All advice and...