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Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
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Guys. I have been working on Land Flipping in Florida. Sending out mailers, originally trying to buy land for pennies on the dollar. A gentleman received one of my mailers and notified me that he had approximately 50 ...
Hello All, Seeking some referrals for a few things. My partner/mentor and I are looking to start putting in a lot of low ball offers in on several listed properties in Will County, Illinois. Anyone know a realtor who...
A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
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What the chance! The worst wildfire in Gatlinburg, TN in a decade somehow found way to my apartment buildings in downtown (near town center). Luckily all tenants were evacuated by police the night before and no one ...
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Hey BP community -- I'm a recent college graduate and accountant working in the Bala Cynwyd/Narberth , PA area. I'm ready to start investing, but I do have a question I want to ask you guys.
Would you personally beg...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I always rekey all the doors in my rentals when I flip the units for a new tenant as I always worry about the liability of keys floating around. What is your practice ? What would be a landlords liability if a key fro...
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Has anyone heard of astroflipping? Just watched the video by Josiah. Curious if anyone has done one of the 45 minute phone calls. Any thoughts on this or knowledge of this are welcome. 80 plus deals a month seems to g...
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A move from California to Texas could save a million dollars. Many Americans are opting inSwapna Venugopal Ramaswamy USA TODAY July 4, 2023https://www.usatoday.com/story/money/2023/07/04/california-to-texas-move-risin...