Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
** This is part 6 of me documenting my fun and often stressful real estate journey
The nightmare is finally over.
Today I close on my second flip ending what will hopefully be the roughest period of my investing jou...
Bryan Caprioli
"As is, where is" condition
This has come up in the past 2 apartment deals that I am brokering. Seller wants buyers to purchase the property in "as is, where is" condition, even though the properties aren't in bad shape...just a little outdated....
Brian Crutchfield
Introduction and Moving out of House Hack into Personal Residence
Hello BP. I am a new investor in the Asheville, NC area. I've been lurking/reading for quite some time and have finally decided to post. Sorry for the lengthy post, but I thought I'd provide some background info befor...
John Humphries
Where do you put your reserves?
Hello all,
I have about $400/month leftover after holding costs from my house hacked triplex each month to put towards maintenance, turnover, and capex. It seems ridiculous to let that money sit in checking or savin...
Lane Kawaoka
Which 2 of these 8 money mindsets are yours? And how it impacts $
After a over 200 calls discussions with investors via phone calls, I discovered that a notable portion of my time is spent reprogramming bad money habits created by the way we were raised. Further compounding this pro...
Tim Kanak
Any Investment Loan Tricks?
Can you get a conventional 5% loan or an FHA loan if you are living in another house? How would the lender know?Can you get the new loan, move in - then move back out to your old home? Any leveraging tricks I can b...
Jim M.
Partnering with contractor - how to split profits?
So I know this contractor who has done a few jobs for me at my own home. He does high-quality work and is trustworthy. During the most recent time he was at my house, I asked him if he ever does any flipping. He sa...
John Woodington
House Price Seems High in Dayton Minnesota
The wife and I are looking at this property tonight, not as a rental, but as a potential new primary residence for us and our children:https://www.zillow.com/homedetails/12161-E-French-...It's not perfect for our fami...
Austin Works
Schmoozing an agent or wholesaler
Good afternoon BP-I am frequently in contact with a few agents and wholesalers in my area in an attempt to be one of the first investors that come to mind when a deal comes across their desk. While I'll probably never...
Jeremy Klein
advice on next investment
So I have a few things in mind and not quite sure what would be the best investment. Right now I currently have one single family home that I rent out. It cash flows $350 a month. Great renters and have had it about...