Jamie Wooley
I need feedback please... Looking into mentor/coaching programs!
I would like to hear from experienced investors. What do you think of some of these mentoring programs. (Specifically @Justin Williams) 7 figure flipping. I love his podcast and get so much out of that I feel one on...
Ken Van Haitsma Jr
Using a Business Name without Filing a Formal Business
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
Robert Simpson
Bought 100+ yr duplex - how much to fix up before renting?
We have just purchased a 110 year old duplex in Oak Park, IL to house hack. There are obvious repairs, like brick work and rotted siding, that will make the investment last.But what about more cosmetic repairs? To wha...
Gert Dervishaj
How to determine a good deal in Massachusetts?
I’m looking at multi family homes in the upcoming Worcester, Ma area and I’m finding a lot of seemingly slim margins looking at 3 unit properties. Unfortunately, Massachusetts is one of the priciest areas to buy house...
Joshua Dorkin
Zillow Goes Public - Ticker Z - $1.6 Billion Valuation - Thoughts?
Zillow started trading today on the NASDAQ under the ticker Z. According to this article on TechCrunch, when the stock opened at $60, that represented a valuation of $1.6 billion - extremely frothy, given the $11.3 m...
Maryann L.
Bad BPO? Fight it!
Short sale under contract in February. First BPO done, Bank offered us $220,000 - OUR offer was $128,900. We said no and started laying out the framework that that was an ARV, and home needed a lot of work. Second ...
Jake Baron
Help! First Inspection on Multifamily
I am closing on my first property and received some valuable information from the general home inspector. I am looking for feedback on whether any of these key issues are serious enough to get out of the contract. I h...
David de Luna
List purchased properties on Schedule C not yet sold?
I have been told by a number of CPAs that it's fine to go either way whether to list properties I purchased and have invested/rehabbing them, but have not yet sold in 2019 tax year. Either list them under inventory on...
Barb Asay
Does buyer have to provide proof to back out?
So this is a first for us, did a forum search but no luck. State of Iowa. The buyer wants to cancel the sale contract due to inspections and is demanding earnest money back. Do they need to provide proof in the for...
Jason Polykoff
Projecting rehab costs
Hi BP,I’m a hopeful investor who is still learning a lot about REI. My latest quest is to figure out a quick and easy way to estimate rehab costs and ARV by just looking at the specs and pictures of a house online. Ob...