Genny Li
Early mistakes and early wins
I flipped my own house with a REALLY massive remodel (even changed layout and added a third floor) in 2008 and cleared $50k on that after the crash. I've been on the verge of investing in rentals several times since ...
Brent Mattison
IRA to fund LLC
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
Lynn Maher
HELOC denied and don't know what to do next
I have a few things going on. So much that I wasn't sure how to title this! First, I have too much credit debt (embarrassed to admit 50k) and wanted to obtain a HELOC to pay off and at least get a tax credit for the i...
Account Closed
And We're Off! (Part 2 of the Breaking the Appraiser series)
And We’re Off! (Part 2 of The Breaking the Appraiser Series)
There is a Strategy
In the inaugural edition of the Breaking the Appraiser
series, a call went out to all real estate owners and syndicators. It was mad...
Aref Shehadeh
Partnership with contractor - what's fair?
Sparing some details here - I've completed a few flip projects using my contractor. Looking to partner up on the next project to see how it'll go. I'm the capital guy and accountant, he's the construction arm- we both...
David Thomas
New podcast #48
Hey BP community,
If you haven't already, check out the new podcast # 48. My friend and investor agent @Darren Sager was interviewed by @Joshua Dorkin and @Brandon turner . Darren is a successful multi...
Tim M.
Offer made - then owner filed bankruptcy
I made an offer on a MF short sale in PA - was a solid offer, at least 85%+ of appraised value. 2 months later the bank finally reviewed it and verbally advised my agent that they would be accepting the offer. We have...
Jinglei Cui
Is modular house a cheaper way to build Single Family House?
Recently a Modular house builder approached me and introduced me the concept of Modular house. They claim that their building method will save 20% of the price and 30% of the building time, a single family house can b...
Chelsea Ziss
Shaboom! $26,000 house in NW Ohio - Hopefully doing BRRRR
I love reading these, so now that I am in the big (well, minor) leagues, I thought I'd start one too.On September 8th, I, my husband, father-in-law, and 6 week old son made the trek down to the county court house for ...
Alejandro Valdes
Turning 4-plex into 8 units?
Hello,
I've been considering turning my 4-plex into an 8 unit building in order to increase cash flow. Is this a good idea?
4-plex is located in the Fort Lauderdale area, It consists of 2 duplexes facing each othe...