Now that the city of Minneapolis has passed the ordinance prohibiting landlords from rejecting applicants on Section 8, do you think this will have much, if any, impact?It seems like landlords can easily get around th...
Hello everyone,
I've been thinking about buying a house for the past year. I saved up enough cash for more than 50% down payment, but the main problem is that I am a freelancer and I try to write off as much ...
Hey, My name is Jonathan Rivera & I’m from NJ. Im currently a semi truck driver, I’m 32 years old & I want to connect with investors who invest remotely or even here if it makes sense . I know that NJ is prett...
I know this depends completely on ones risk tolerance, but I'm curious what you would do, or have done, and how it worked out for you.Currently I'm working on the former vs. the latter, but it is driving me crazy! To ...
I was messaging with Bill Gulley the other day about financing and the topic of friends coming through with promised financing came up. He thought it might be an interesting thread to post, so here goes:What experienc...
I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...
Hello BP Family!
I am a first time home buyer positioning myself to buy a SFR, Condo or Duplex. My ideal strategy would be house-hacking/brrrr in the Los Angeles, California area but my current income alone doesn’t ...
Hi everyone! I started a company in Brooklyn, NY in order to do wholesale deals on residential properties. After speaking to various lawyers, I was told that sellers will expect me to put anywhere from 5-10% down on a...
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...
Hello BP world, I'm a skilled laborer specializing in Structural Welding and a recent Jackpot Winner looking to invest in my first property flip. I consider myself a go getter and just having a hard time seeing what i...