Anthony Caiafa
Delaying closing due to corona - thoughts?
My closing on a flip house is being delayed due to "corona virus". The buyer is telling me its been difficult working from home so its going to delay the closing on his side. This seems like a bit of a BS thing and MY...
Jonathan Santiago
Tax Question: Capital Gains or Ordinary Income?
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
David Zheng
Craziest Thing You've Ever Found in a Property
I'm about to go into a hoarder/mismanaged potential apartment building and am prepping for the worst, so it got me thinking. whats the most disgusting/craziest/expensive thing you've ever found in a prospective or ren...
RJ Dixon
10k about to be lost because of lender
Hello BP world ! Name is Rj just started getting into real estate investing. I am currently working on my 3rd deal but never thought this would happen. I am currently working on a triplex that we put 10k in ...
Account Closed
Got my first phone call from yellow letters!
I have been driving for dollars over the last few weeks and mailing yellow letters that I write. I have only mailed around 20 letters so far. I have a lot more ready to go, but I'm only sending a few each day. I'm loo...
Lloyd Segal
Economic Update (Monday, May 10, 2021)
Economic Update
(Monday, May 10, 2021)
Are you making love less? I thought so. Apparently you’re not alone. According to the National Center for Health Statistics, the number of babies born in the U.S. dropped by ...
Andrew Merritt
Feedback on Cash Out Refinancing Terms
Hey All, I'm going through some cash-out refinancing on two of my duplexes and wanted to get some feedback on the terms. I'm working with a DSCR lender if that makes a difference. I started the process about two mon...
Quiana Chandrasekar
Having a general contractor during walk through
As I'm readying myself to purchase my first property this year, I'd like to know if it is common and highly recommended to have a general contractor to accompany me during a walk through of a property of interest to h...
JD Martin
Corona Virus - a chance to see what you're made of
It is not often in life that you truly get the chance to see what you're made of - as an investor, a consumer, a citizen, a human being. For whatever reason, it generally takes monumental events - often catastrophes -...
Marcin G.
Walnuts fall on cars on the driveway, who is responsible for dent
My rental has a driveway for two cars where tenants park their cars. They also can park on the street next to the house with 4 free township parking permits which they got. It happens that there is a large walnut tree...