Aaron Cook
First Deal - Diary of a Newbie
Hey guys,
My name is Aaron Cook, and my wife and I are under contract for our first deal! We have experienced a range of emotions such as being terrified all the way to being extremely excited! I wanted to write out...
Ryan Spearman
Owning gold as a reserve
I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
Al Sousa
94% formula
Has anyone used this formula before and how does it work?
Have problem with having offers being except with the tradition rehab formula of 65 70 % of ARV.
Any other ideas welcome
Thank you
Tim Siocheng
Covid times: Section 8 tanant missed their portion of rent
I have one property that being rented out to section 8. This march i noticed that they missed their portion of the rent and I got charged with their utility bill. I contacted my PM in regards to these concerns1. PM to...
Aqil Dharamsey
Dealing with stress
Hi BP world. I am currently investing in Rochester NY and often wonder how my fellow landlords/investors deal with stress on a daily basis. It seems as grow bigger in my investment career, it has become much tougher ...
Greg Rose
Pennsylvania Investment property: Trying to cover our bases
Write your postHello BP community!I am about to embark on my new property journey.We live in California and the property we are interested in is in Pennsylvania.House is $50kTwo residential units with each bringing in...
Nick Romano
Are you unknowingly creating mortgage fraud? Insurance v LLC
Hey Guys! I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan). I have had some people tell ...
Terrez Jarrett
Is it possible to make money on $45,000 property?
hey BP members, I have a property that has a sale price of $45,000 and they are selling As Is. Am I correct in my assumption that I need to basically do thorough research on this home because there my be some issues u...
Erica Winship
Newbie wanting to do something smart with inheritance.
Good afternoon everyone, my name is Erica and I am based out of Milwaukee, Wisconsin. As described, my father passed away last June unexpectedly of a heart attack. Now that I am in the better parts of the grieving pro...
Craig Montesano
Owner financing-how do I bring it up to seller
Hi BP
I just made a cold call on a turnkey duplex in my market. Owner loves the property. Said its been a great money maker over the 17 years she's had it. But sounds like she would be willing to sell at the right n...