George P.
The current prices are squeezing me out
During the short time that this housing crisis lasted, i was able to obtain 6 rentals. they were all between 55-80k, SFH's, which currently rent for between $1k-$1,275. all but one have a mortgage, so i had to come up...
Dean De Pew
Private lender...
I hope someone can point me in the right direction to achieve this. I am involved in the "Cash Buyers" area on this site... I keep seeing commercial lenders listed. Does anyone have experience with a residential Priv...
Eric Costa
Help me, Im starting a Flipping Buisness
This question is for the professional home Flippers out there in BP land. If any of you wouldn't mind sharing some details, I would greatly appreciate it!I'm starting a Flipping company with my cousin. We will be the...
Thomas McPherson
Common Mistakes in a BRRRR
Hi all, I want to start the conversation about common mistakes when doing a BRRRR. Here is my short list:
Overestimating the After-Repair Value (ARV):Investors sometimes overestimate the future value of a property a...
Naz Hossain
Zero Down, does it really exist?
I heard on a BP podcast that there was bank in Alaska (lending locally) who lends on appraised value of a property, rather than the purchase price. Do these type of banks really exist? Where they will cover 100% of co...
David Olson
First Flip Almost Complete
Hello everyone,I am about two weeks away from being complete with my fist flip. It is located in Katy, TX and there were some unexpected repairs but nothing that set us back to much. I will be uploading complete befor...
Tim Ball
Separate Bank Accounts for Each Rental or nah?
Hello BP World,I am buying my second property which actually is a duplex. (Congrats). Thank you. I have a separate bank account for my first rental because I am taking the advice from Brandon's book on growing your...
Ashwin C.
How to scale your rental portfolio
I recently purchased my first property (turnkey) using a conventional mortgage. After purchasing it, I realized that saving up for the down payment (25%) every year is going to be a really slow way to grow my portfoli...
Kim Handelman
Help! I made a mistake - how do I save this deal?
Hi all, I'm trying to get my first wholesale deal done - it's been a long process with the sellers disappearing for months on end. My attorney (first time I used him) insisted I put the "able to assign" in the contrac...
Doug Webb
Anyone here hold apartment building in personal name?
Hi everyone. It's looking like 2018 is the year I pull the trigger on purchasing a multifamily. I understand the the pros and cons of holding a property in an LLC - better asset protection should there be a lawsuit ...