Jacob Walls
Need help naming LLC
I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
KC Conti
Out of State Rentals
Good Morning All,Thank you for taking the time to read my post. I have recently paid off my house and become debt free. I am currently hustling to save as much money as I can. I would like to get a few rentals, but gi...
Dave Mosher
What is your goal for monthly cash flow after mortgage?
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Bryce Renicker
Negative Cash Flow on Low Money Down
Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
Shawn Crawley
Seller financing rules
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Philip Williams
Second flip sold and bought 3 houses in a single day!
So when I initially planned on flipping 5 or so houses this year I had this crazy notion that it would be semi reasonable....1 every two months or so. Instead I ended up buying 1 from a charity and 2 at a foreclosure ...
P W
I'm starting out, I have some cash, I could use some tips!
Hello, everyone. I'm new here.
I'm 25 years old and I have about $250k in cash, and I want to put all of it into real estate.
I have no experience though. I'm just starting to learn the basics, like cap rates. ...
N/A N/A
First time buyer.
Hi everyone,
My name is Tiffany I’m from Cocoa beach and I’m interested in purchasing a home or condo. I don’t really have a mentor figure to help me a long the way, so I was hoping I could get some advice from here....
Remon Rasho
Newbie - Chicago
Good morning BP! First and foremost I would like to say that I'm grateful for this site and forums. My wife and I have recently become interested in investing in real estate and have been listening to pod-casts for mo...