Clay Sexauer
Quick Question About Lender required income
Recently my wife and I bought an investment property from an estate. This now means we own two homes, our primary residence and the investment property. Regarding the new investment property, initially, we were going ...
Steve Davis
New Guy to BP. 20+ Years experience as LL.
Hello everyone. Name here is Steve Davis. Currently live in the Howell Michigan area.I have been a landlord for a little over 20 years now. I currently own 2 Duplexes. I have had experience with Great Tenants, Oka...
Joe LaGreca
How to tell if an investment is real or not?
I got an email from Alexx Varga the other day, inviting me to invest in his company, NextGen Housing. "We've got a great opportunity for you where you can lend a minimum of$10,000 at 15% interest and get your return ...
Aaron Murphy
Schedule E tax question
I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate expenses and depreciation e...
Jason Mak
Tax efficient way to sell condos
**Posted this in the 1031 section already, but this might be a better place to put this topic**Wanted to check in with BP and see if anyone had any experience with selling new construction condos and any advice how o...
Joe Prenger
first offer, verbally accepted, YEAH! But wait... she backs out
After going from door-to-door driving for dollars and putting notes on doors we finally were able to get an individual intrested in selling their home. We walked through the property, talked about motivation, offered ...
Andrew B.
How long is the HELOC process?
Hello all. I am currently saving up for my first investment property and doing research while I wait. Once I am ready to dive in, I plan on getting a HELOC on my primary residence to fund any rehab and assist with res...
Scott Showers
Hello From St. Louis, MO
Hello everyone! I have been interested in Real Estate for a long time. I served in the Marines as a Machine gunner, and when I decided to get out in four years, I was unsure of what I wanted to do. Being in the infan...
Andrew Kuiken
When all the MLS deals have no cashflow...
Hello BP!I have spent the last few months analyzing many deals that I'm getting from MLS. In the Northern NJ area, it seems that many deals after accounting for taxes, capex, mortgage, etc all have almost no cashflow...
Ted Clayton
Advice needed for becoming a syndicator when finances are lacking
Hey Guys,My name is Ted and I have a goal of being financially free with multi family properties/syndication. However, currently my income isn't enough to cover my expenses now. Do I still pursue this goal while my fi...