Brian Jackson
Looking for team members
Good morning fellow Kentuckians/investors,I have recently won an auction for a condo in PRP. But now I am looking for some recommendations in the Louisville area in the way of realtors, title companies, and real esta...
Komi Dade
Contract with Contractor?
When rehabbing, what kind of contract should you have in place with your contractors? If anyone can share the highlights of their contract with me so I can write my own, I will appreciate that. Or better yet if possib...
Rumen Mladenov
1099-misc from COVID assistance messed up
So, I got a 1099-misc from Yardi systems on behalf of the housing authority, and they put the rent amount in box 3, "other income", instead of box 1, "rents", where all other 1099s have it. I asked them why that is, a...
Matt Yates
How do I leverage Equity without blowing my DTI
I'm looking for ideas or suggestions of how I can use existing equity to purchase a rental with a fanny/Freddy. I want to leverage what I currently have in equity but start hitting roadblocks with my Debt to income r...
Julio Gonzalez
How to find work life balance
One question that I get asked frequently is how do I find work life balance?Between running multiple businesses and having a personal life, it’s something I’ve definitely had to learn over the years.Based on my experi...
Nathanael Greene
Paying contractors in fix and flip
How would you pay contractors in the fix and flip while they are finishing the work if all the money you are getting to pay them is coming after you sold the house? Is there a way you can get some line of credit or co...
Michael H.
Long term tenets in the age of corona Virus
Hey BP Family, How has the community decided to handle new tenents?Ive read that month to month protects the asset, But Im concerned when I goto Refi the lender wont like seeing anything less than 12 months.I havent b...
Andy Bauman
Vacant land buy and sell on terms in Barrington, NH
Investment Info:
Other other investment.
Purchase price: $2,500
Cash invested: $2,800
Sale price: $24,000
Picked up 2 properties side by side for $2,500, did a self closing. Sold both of them fo...
Niko Lyons
First Investment is a success! Thanks BP!
Investment Info:
Mobile home fix & flip investment in Clearwater.
Purchase price: $182,000
Cash invested: $30,000
Sale price: $275,000
This is my first ever investment. I purchased this as my...
Eddie Torres
Monthly Rent Estimator
Which tool is more accurate when estimating potential monthly rent income on a property, rentometer or bigger pockets rent estimator? I plugged in an address and there was a $200 difference. TIA.