Andrea Castor
2nd BRRRR deal...am I on the right path?
Our offer got accepted on a short sale! I'm pretty excited because this is a condo complex I've wanted a rental in for years. Purchase price: $65kRehab $15k (nothing upfront but a good clean) but eventually will rehab...
Tyler Mutch
Where are people buying notes today?
Hello All,
I have recently struck up an interest in notes, and heard of FCI exchange, but they appear to no longer be in business. I then ran across paper stac and was wondering if someone had thoughts on them? I ...
Wade Sikkink
Just closed on 14 plex
Hi BP Nation,
We've just recently jumped back into REI. We had previously owned a 4 plex, which was a overall good experience, so we were looking to move up to something bigger. We found a 14 plex that was ...
Eric Hempler
Looking for Partnership Structure Ideas
It probably depends on the deal, but I wanted to get a better idea of how I might want to structure a partnership on a purchase.
I'm also looking for some resources if you have recommendations.
How this started wa...
Chris Ward
Suggestions, Opinions, Guidance on Hypothetical
Greetings everyone,I'm new to BP and would like to introduce myself and pose a hypothetical situation in hopes of gaining some valuable insight and maybe help others along the way. Personally I have dabbled in real es...
Alan Majors
Let's Define Checkbook Self Directed IRA
It sounds like any other Self Directed IRA.What's different?Google led me to an Entrust website. Any other good information sources you'd like to suggest?Alan
Jason Muenchow
Help analyzing this deal
Thank you for taking the time to read my post. My wife and I are purchasing a duplex and I was wondering if anyone was willing to critique the deal. The basics: Purchase price - 175kGross rent - 2000/monthTaxes - 2300...
Jeremy Clarke
The Age Old Question...Sell or Hold?
My house by is worth roughly $385,000 i owe $233,000 on the loan. I bought the house in March, 2015. So if i were to sell the property today then my capital gain would be roughly $152,000. I lived in this house as my ...
Tariq B.
Saved my self $1000 yesterday, questioning the PM
Last week we had a tenant move into a new property, now I think we can agree as fellow landlords that it's pretty standard that when someone moves into a new place there is always something that needs fixing. So I was...
Bryan Hancock
Do You Carry Your Properties At Historical Cost Or Mark Them To Market?
When you do your accounting for your PFS, business books, etc. do you carry the projects at historical cost or mark them to market? If you mark them to market how do you determine "true" market value without cheating...