Kristi Reavis
Residential Construction/ Cost Plus Question
I would like some help and thoughts on how to handle a remodel project that I entered into. It is a cost plus residential construction agreement in Texas that clearly states that all receipts and invoices shall be pr...
Jason King
7702 Plan for Investing
Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing. Someone brought up a concept I had never heard of before, 7702 plan. The way it was described is this is an insuranc...
Mario Arnone
Should I Use My Equity To Buy Another Property
Hi All: I'm a 55 year old newbie to real estate investing. I've had a triplex for many years and doesn't really cashflow well. Since I've had it for 15 years (only 9 years left on the mortgage), I have 200k worth of e...
Account Closed
My First Property Flip 16 months later
I just completed my first flip in Queens New York. It took me 16 months from the minute i close as a buyer to the minute i had close as a seller. Here are the numbers.Purchase Price- $330KClosing Cost as buyer-$1KReno...
John Yu
Keep security deposit due to early termination
I have a renter that broke the lease and moved out early. In the lease agreement they signed says "Security Deposit will be not be refunded to the TENANT and will be used as a penalty for early termination of the Leas...
Joseph Oh
Kelton Todd Coaching
Hey everyone,Has anyone joined Kelton Todd's coaching program? He's based in Dallas, TX and he invests all over the DFW area. I went to his Empire Academy Seminar and it was great and I was interested in joining his c...
Brian R.
May have big money investor/partner and need advice
Hello.I have a scenario I would like to get some feedback on. I currently have no money to invest but I am a fast learner and the wife and I rented out her condo when we got married for a few years. I know some stuff ...
John Quiles
Should I flip it, wholesale it, or hold it?
I just got this 1952 sqft property in Tampa under contract for $95k. I'm still debating if I want to flip it, keep it as rental, or wholesale it. ARV in the mid to high $200s. It is a Duplex with a 1/1 upfront rented ...
Aaron M.
Credit & Background Checks
I have a rental application that i can print and hand to the applicant OR have them fill out the electronic form and print the completed applicationFrom this form i would like to run the credit and background checksW...
Anne Christensen
Best Down Payment Option
Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investme...