I have an opportunity to buy a property with 2 doors, one block home and one doublewide trailer for $70,000 from the owner. They rent for $650 each but would need some work to get up to basic standard (trailer needs n...
Vision. Check. Business plan. Check. Over 720 score with money saved, Check. Startup funding. Trying to obtain. I Can’t house hack. Wanting to purchase first duplex for cash flow but can’t secure the startup funding. ...
Hi Everyone,
I am new to real estate and want to learn how to get started with focus on getting a rental or airbnb property. I am currently reading "How to Invest in Real Estate" which led me to this forum. Out of ...
I am a new agent, passing the state exam last week. I have not found a brokerage to hang my license yet because I haven't found what I am looking for yet. My main purpose for the license is to flip houses and save on ...
I have started reaching out to people using "driving for dollars" and direct mail to possibly cash buyers. I plan on finding cash buyer other was a little later, but my question is do I need a website. if so what woul...
I used a Rollover for Business Startup (ROBS) to start my REI business a few years ago, rolling over 401k funds. I fell behind due to personal/health issues in filing the 5500 (3+ years) but my business also did not m...
Hello BP,
I am about to make my first offer $161,000 for a 2 br 2 unit building. Income will be at least $2200($1100+ ea). Taxes are $5,000 a yr. I have to put 25% down. I'm guessing ins will be $1600 a yr.
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Hi! Does anyone have any business management or customer service book recommendations? Thanks in advance!
Hey Everyone! I've been listening to the podcasts, reading books and going to local meet ups for the past couple of years. When it comes to forums, I have been more passive and have left it to reading, but figured it ...
BP Community...I'm requesting recommendations for a guide on tax strategies and reporting (basis, adjusted basis, business expenses, etc.). I've found lots of material on rental properties but I am having trouble fin...