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Flipping with a conventional loan restrictions?
Hi!I'm trying to get into flipping in the Las Vegas, NV area. To finance my first flip deal, I'm planning on using a conventional loan through my mortgage broker. I'm telling him that I'm buying the home as my primary...
Javier Perez-Karam
Is Wholesaling possible in Brooklyn and Queens?
Hello, I just got back from a meet up in New York. I am a brooklyn local and trying to get wholesale deal here. Have been sending yellow letters. around 200 so far (planning on following up this coming month)Everyone ...
Jonathan Greene
The Rise (and Fall) of the Snowflake Investor
The Snowflake Investor is a problem, mainly to himself or herself. The Snowflake Investor gets so emotionally attached to a deal that they can't see the forest for the trees. And just so BP doesn't break again, yes, w...
Troy Green
Question: Efficient Ways To Deposit Lots Of Checks
New to BP, so hello everyone! I have a problem at one of my buildings with 383 units. We collect so many rent checks that my leasing agent ends up spending half the month just depositing rent and crediting it to the a...
Jasmine B.
Someone talk me off the ledge
What reservations, if any, would you have if a property management company is the service provider for an HOA & in the HOA CC&R's the same prop mgmt company has exclusive rights to leasing a community of Multi...
Brandon Guite
Littleton Colorado AirBnB House Hack
Good Evening BP Community!I am in the process of purchasing home in the Littleton Colorado area with the intention of using the basement as a separate AirBnB unit. It is a walkout basement which will be completely sep...
Anthony Saheed
What do you think about investing in rental properties in Dubai
TAs a fact, Dubai had a total number of 19.5million international travelers visiting in the first half of 2019 (Jan-June). And this number keeps increasing, as a result the demand for short holiday rentals keeps outw...
Alec Newman
STR in Land Between the Lakes / Western KY
Hello all, I was curious if anyone here has a STR around the Land Between the Lakes (LBL) area on the border of KY/TN. I’m currently in the military and work out of Fort Campbell but my primary residence is on the wes...
Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Yong Lai
My First BRR deal!
I just got my first BRRR deal accepted in North Richland Hills! Excited but also nervous about the rehab work needs to be done. It has a basement in Texas! I was worried about the flooding as it happened last August. ...