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I read a ton of books about investing in RE and the BRRRR method. I truly still did not have the confidence to make an offer and purchase a property. I'm looking for little push and help me minimize my mistakes. I re...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Hi, my name is Lauren and I am new to BP. My husband and I started doing research and looking at properties in the Big Bear Lake area. We have so many questions and we want to see what you guys think:1 - Condo vs Ca...
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Hey Everyone, Newbie here trying to get some clarity on "gator" lending. I know, it's the flavor of the day, but it at least got me to to perk up. That said, I'm either missing something or this is another snake oil s...
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$7M on one deal and it's out there for the whole world to see.http://therealdeal.com/blog/2014/10/14/joel-schreibers-waterbridge-flips-williamsburg-contract-for-106m-sources/Now, all you naysayers, please have a seat ...
Hi all, I'm going to try to spell everything out the best I can without going into full specifics of things like numbers. We are in a bad situation and really don't even know where to go from here.
Earlier this year,...
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My wife and I were fortunate enough to reach financial freedom just one year after making our first ever real estate investment. Here is a quick background story on our success and some tips and tricks I feel that any...
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I am simply beside myself. I am VERY new to SC...and about to put in an offer on a home only to realize the HOA forbids ANY home businesses of ANY kind. My career is in family based home child care (6 or less kids)......
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The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
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Hello Everyone! I am a senior in High School about to graduate and am very tempted to drop the idea of going to College and dedicate the next four years of my life to working full time and saving all of my money to pu...