Kyle Dutson
First Deal!!!! Income property!! (partnership)
Hey all, and thank you for your interest in my endeavor. I am posting today to request any feed bad on a deal that I am contemplating. This would be my first deal and want to cover all the bases to ensure I am not bei...
Doug Smith
Let's team up to fight Dodd-Frank as it pertains to owner financing
Selling on owner financing is a key exit strategy for my real estate business, and the new Dodd-Frank Act regulations are really throwing a wrench in it.
A few investors and I pooling money together to hire a...
Wesley Kuo
Dilemma Choosing Tenants For My First Rental Property
Greetings BP family,I have a duplex in Whittier, California. Both units are identical: they are each 3b1b, 1,035 sqft, and single car garage with street parking.Currently I have 3 groups of tenants who I'd like to ren...
Jessica Soares
Challenge: $30k a month in rental profit in 5 years?
Challenge: How would you achieve a goal to make $30k a month in rental profit in 5 years?
Newbie here. I've set a goal for myself to make $30k a month in rental profit in 5 years (shoot for the moon goal fo...
Alex Silang
How do RE empires typically collapse?
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
Matt Perez
Is 4-5% CoC annual return to low?
Hey everyone ,I am a newbie investor. I am looking out of state because where I live in California is just to expensive. As a newbie I am looking at homes that are “turn key” and could get 4-5% annual CoC. I know p...
Rachel Imhof
3 years & 14 Flips later we are going into New Constuction!!
Hey BP,I don't normally don't post but have decided I am going to start a log of my husband and I venture into building a New construction Spec House. I am still working on my last flip and hope to be done with that s...
Robert Pickles
Feedback on MidAtlantic IRA
Hey folks,
Several weeks ago, I posted some questions about what I suspected was an un-informed group offering IRA advice. As I suspected the advice was bad, as indicated by the answers I got here, my accountant, an...
Carlos Gonzalez
Do I do my taxes myself or should I hire an accountant?
Hello everyone,Now that is tax season, I have a question related to this topic.I bought a fourplex via FHA loan and I currently live in one unit, I have been fixing and updating all units so I could rent them out whic...
Ryan Billingsley
Great potential lead from our Direct Mail Campaign but there is a problem!
We recently received a call from our direct mail campaign. Seller is motivated and owns the property free and clear. The property is 3/2 1500sqft. home in a A-B class area built in 1972. The property is worth 170-1...