Hello all, This is my first venture into REI and I'm seeking wisdom about potential pitfalls/things to know or avoid in this scenario. I'll try to keep it brief! 1) We are looking to build a house next year2) Our plan...
Real Estate is a complicated business and without the right “know how†you can lose A LOT of money! So why is it so tricky? The main reason why people in this industry find it so hard to make money is because A, t...
Hey guys
when I raise private money as a loan, for 10% yearly, some of the lenders say "wait, if u can give me 10%, i guess u make alot more! so how can i invest WITH you instead of lend you money?"any insights on wh...
I have around $50K and want to use it to get into REI. I do not have experience. I have only average credit and so am looking to start out on a smaller scale house flip using all cash. I am looking for someone with a ...
I'm reading a book right now called How Will You Measure Your Life by Christensen, Allworth and Dillon. It's a pretty good book, chocked full of interesting things for business owners to think long and hard about.
Th...
Hi BP, I am looking into doing a joint venture flip with someone in my market who has plenty of experience flipping homes. I am looking for some information on a necessary contract agreement in order to align the expe...
In a nutshell... I purchased a rental property recently and I'm losing money everything month. Not an obscene amount but I would say close to ~$100 a month just due to the market I am currently in (Orange County). Thi...
There’s nothing more critical to investing than finding money/funding, etc., and I know that I, and many other BP members would like to learn from those with different experiences. As a developer, there’s always...
How do I go about a 3 way family joint venture using the BRRR method
Is it usually a good idea to file a memorandum of contract after I get a property under contract with a seller?