Mack Braun
Is college necessary?
Hello all! I am currently taking a year away from school to explore my options in real estate and whether or not those options would require a college degree. I do enjoy school, but after two years of accumulating deb...
David Harris
Where to go with a 4-unit multi-family property (In over my head)
About four years ago I got a 4-unit property with a FHA 203K loan, I was 26. The goal was to fix it up, live in it and rent the other 3 units out to cover the entire mortgage and have a a slight profit. I was gettin...
Tricia O'Brien
Any problem if I don't issue 1099 to handyman with job over $2K?
I recently paid a builder about $4,500 total for several projects at my rental home in Indiana. These were: building a new wood deck at back door, building new staircase in basement, installing a new window, repairin...
Mike Bereck
Anyone have a Franchise?
I know BP is mostly for RE, but does anyone here also invest in any franchises? Seems like it could be as profitable if not more as a Re investment. Also, could be a good way to diversify your investments and not pu...
Mary Jay
What is the fastest way to become financially free?
Hi guys!You have helped me a lot already to understand things about real estate. I have realized that I have been doing things wrong...(Like negative cash flow on my two rentals, etc) ...So I figured that may be you c...
Renee Williams
Pace Morby’s Gator Lending - yay or nay?
Hello BP Community, Do any of you have experience as a gator lender? If so, I’d love to hear it!
Robin Roundtree
Sell Primary Residence to Use Equity for Rentals?
Hi guys,
We have a home worth 650k, we owe 350,000 in a place where we couldn't afford to sell and buy another property (got in 2021, the 2.8% interest rate and before the crazy NW boom in Idaho.) We are stuck becaus...
Maureen Simmons
Newbie Investor .... Seeking advice about financing options
I've been a part of the BP family since 2018 and am finally tired of life on the sidelines so I'm getting in the game. I've identified a multifamily property but am still a little green when it comes to financing opti...
Matthew Gentile
How do the numbers make sense?
As an agent, I have been seeing insane numbers being offered on properties where there is no way the rents can possibly make sense.I'm curious how people are spending so much on multi-family properties, especially in ...
Account Closed
BRRRR in Seattle, WA
I just finished a BRRRR in Seattle WA.I did cash-out refi’s on my 3-plex and 4-plex, pulling a combined $168k out. Both properties still cash-flowed well after the refi’s and the 3-plex has zero of my capital left in...