Status update: So I made some offers on some properties, but am still waiting for my first deal. Been following @Brandon Turner's challenge of analyzing at least three deals a day and make offers before seeing the pro...
Hello everyone. So I'm new here, obviously. I've heard this is the best community for landlords/property managers/owners. My brother is buying a number of properties in Minneapolis/St. Paul and has asked me to manage ...
Debt-to-Income Ratios are the heart of lending, after all, the new loan needs to have a hope of being paid from income. Notice, ratios, plural. There are two and they indicate different risks to the lender, Front-E...
Hey my partners and I are looking to invest in Essex county and we have particular strategies for different economic areas and so we are focusing in going into Irvington, Newark, east/west orange and we were wondering...
I am currently closing on a package of properties bringing my unit count to 10 for 2016. I will definitly have a real estate accountant file my taxes for 2016. That being said I only had 2 units and my w2 job for 2015...
Hello BP!I recently purchased a 1 family flip in Bayonne, NJ. This is a 3 story building with a full attic. The second floor has 3 existing bedrooms. From the second floor there is a steep set of stairs to the attic ...
Hello everyone!
I am a newbie on BP and also in real estate. I am starting my real estate course next week and I would love some advice.
What do you recommend I do before, during and after classes start? What is t...
Hi! I am in the St. Louis area. I'm working on an old brick house. Gut rehab. I have been hiring one fulltime "employee" (friend who takes cash). This is an experiment for me to decide if I want to get a crew with gu...
Hey, I am doing a little bit of research on what it is like to be a wholesaler! To see what the industry is like as a wholesaler....so far I've gotten a few feedback from a few wholesalers Need more! to make my decis...
Hello All,
I am considering buying a 4-6 multi-unit property in Baltimore and I'm having difficulty finding the answer to this question. Let's say half the units need rehab but the other half are rent-ready. Must al...