Hi everyone,I am new to real estate investing. I decided to purchase my first house for a flip a few months ago. I purchased the house, built in 1950, for $49,000 with funds from my newly formed Self directed IRA set ...
Hi BPer,I am in the process of closing a 6-Unit multifamily. I would like to seek your opinion on the following scenario:The seller won't share any tenant information with me, except the name of each tenant for all 6-...
So, as we all know, real estate investing tends to be a very high barrier-to-entry venture, and therefore having partners who can invest with you is very much desirable. However, finding people who are more than simpl...
As a new investor, I am leaning toward the BRRRR strategy. However, I'm having trouble rectifying the third R with cash flow goals as part of this strategy. If I purchase a property that appears it will offer me a ca...
It's been 1 year since I quit my W2 job with the help of BP, and couldn't be happier!As BP said, "Life isn't meant to be lived in a cubicle." I started the corporate world at $45k/yr, and left at $70K/yr. You don't ha...
Let's say I made a 100k passive LLC syndication investment #1 a few years back. It sold this year with 10k of total cashflow and 50k of appreciation. If I invest in a new 100k LLC syndication deal #2 this year and it ...
Hi there,I found a property in our local newspaper and we want to do a transaction with out realtors. I currently own 8 properties and every one of them has been done with a realtor. I"m trying to think of the steps t...
I finally caved in and for the first time ever, I have put a property in the hands of a "qualified" property manager. I vetted this company well and it seemed like a good one to hire. However, after signing the ag...
I went to my first REIA meeting the other day.... I was surprised to see that there were only 6 other people there.... The guy speaking was a wholesaler/flipper.... After about an hour of casual conversation about thi...
I am a member of Lifestyles Unlimited and they don't recommend these for purchase. Can anyone explain to me better why they aren't a great deal to get started? Financing is great if you can live in one and seems it...