I own a 3 unit multi family that is part of a 2 piece parcel of land. The multi family unit sits on one lot that is about two acres then on the other side of the road sits another 1 acre lot. The two lots have to rema...
I am currently setting up my goals and would like to be realistic in my projected returns, because a couple of percentage points make such a huge difference.My goal is to use $60K of my own cash from income or to use ...
I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
I've been learning a ton through various means for about the last 6 months and have made it my goal to acquire my first deal this year. While I have been open to mobile homes, it was not my intention to go that route,...
Hello all, I'm new to BP and have been browsing for a few days. I live in Apopka FL, about 30 mins from Orlando. I started a mobile auto detailing business in 2007 which has grown quite well in the last decade. I don'...
I was in a situation today where $100 bought me a nice 5* review on AirBnB. Basically, a guest was pissed about something stupid. Not my fault at all but that doesn't really matter when it comes time to leave their ...
Hello all,I closed on a house many of our investors passed on due the street and potential worries about the area (I'm a broker for a wholesale brokerage, so this was one no one else wanted), so I'm going to follow th...
Different forms of this question are posted frequently and the answer to the title question is the same as the answer to many real estate questions—it depends. To answer this question we must have a common unders...
Hi there,
I would like to know if is advisable to buy a home to fix and flip and close on it with 100% of the payment coming from my HELOC. My home is free and clear and I have a $250,000 HELOC. I would like to buy,...
Hi BP
We all had to start somewhere....most likely, a majority of us didn't get it right the first time.
1. What was your "tuition fee" into this business? (The deal/project that started it all)
2. How was it funde...