Shaun Reilly
Retail Cash Sales
I was reading an article and there were some hypothetical situations and one of the things ended up being a pretty clean cash offer at ~$200K for a rehabbed house.
What I could not get past is that I just can...
William G.
What would I have to do to get 30% of your profit?
It sounds ridiculous I know, but I'm dead serious. I know almost nothing about real estate, I live in the only home I've ever bought and before that the only property I've ever rented.
But I know...
Randall Barrett
First Investment! (Small Multi-Family)
Hi Everyone,I just posted my first new member post, and figured I'd post my first investment here.This property needed a lot of work. It's in a great location in Nashville that became highly sought after. It's a tripl...
Mike Eichler
Why I like STR much more than Long-Term Renting
I've been involved in Real Estate for a year now. I jumped right in with a Short term rental management company (Liberty City Living). Throughout my time it was very fun to watch the company grow from a mere60 units i...
Aaron Wyssmann
Do you get pissed about no-shows for property viewings then use this tip.
When I got my first couple rental homes I set up a time to meet them over at the property. Not only did it take so much time but I would get so pissed when I had no shows. I could even call them while I was at the p...
John S Lewis
Are you a slum lord?
So, since I've started as a pro member here on BP, a lot of the properties in my price range are all in run down neighborhoods with high crime. Does anyone have experience with these types of rentals? Is it just a ...
Brice Hall
A lot of people are being misled
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
Kevin Moules
FIRST BRRRR PROPERTY! COME JOIN THE RIDE!
Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
Alec McGinn
Would you ever buy a property without an inspection?
I’m about to purchase a property where everything has been replaced in the last 4 yrs (roof, furnace, AC, siding, windows, kitchen, floors, plumbing, ect.) the previous owner did all the work himself since he is a car...
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...