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Is there Really A down Time Of The Year for Real Estate?
I often talk with people in the Real Estate Business. I have found that if a person is versatile in his profession there is never a down time for him; remember the buzz word is VERSATILE.
By learning everything yo...
Kitty Jedra
Keep 401K or invest $ on a rental property?
Hello Everyone,I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. ...
Ken P.
Reflections on the first year as a MF owner
We’ve just passed the one year ownership mark, so I wanted to use this milestone occasion to update the BP community on our progress with the 18-unit package of condos that we purchased from a retiring landlord.First,...
Mike Nelson
Finding a general contractor for first rehab...
Over the past couple of months my partner and I have came very close to actually going through with a rehab. Well last night my realtor told me about a property that his family member was selling and was willing to en...
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How about a course or book on Wholesaling? But something...
...with some meat, not the usual pan over that I see everywhere with all these other courses reviewed here. You can spend $497 or $1497 and still get the same frustrations. I've seen plenty of suggestions on wholesa...
Dave W
Mentors?
New to the forum, curious how many people started out with a mentor. I am 21, a recent college grad, law school bound. REI has always been a goal of mine regardless of any other job. I have capital, no debt and excell...
Tatyana Shevnina
combining section 121 gain and 1031 exchange
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
Chuck L.
Pros and cons of this 66% ROI with duplex rentals
Hi members, I'm a long time listener of the podcast, first time visitor of the site. Pros and cons of this offer: 60k down (10%) for 6 duplexes in Indianapolis All the duplexes have tenants in and bring in 1,100 p...
Josiah Halverson
What license and insurance documentation do I need to verify when hiring a tradesman?
I am new to rehabbing and haven't done any yet, but before I do my first single family home I would like to understand licenses and insurance better. Assume I want to rely on the hired help to manage as much of the...
Chris Purvis
seller was a no show on wholesale deal. I have a question.
This past saturday I had an appointment to meet a seller at the home they wanted to sell. The appointment was set for 12 noon. 23 minutes past 12 the seller called me on the phone saying that they changed their mind a...