David I.
Friends pooling money together to purchase property (Thoughts?)
Hello:I have some friends that want to pool some money together to purchase a rental property.I am leaning against it because a) they are friends from work, not business partners and I do not want to mix the 2. b), th...
Curry Forrer
Turn key deal?
Hello I have property Im looking at the offer is 52k and the renters are long term tenants that pay 900 monthly. No repairs needed. The owner is asking for 2k to go to the title company and he will give me 4 months to...
Troy Parker
Renting your first rental to a friend
Great morning BP family,
I purchased my first home on April 1, 2024. I bought a 3/2 1500sqft foreclosure in Ormond Beach Florida. My purchase price was 225k and I put 5% down. I put about 60 – 70k in repairs. I compl...
Alex Bekeza
1st duplex in STL, MO - OOS Investor from Los Angeles
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Louis.
Purchase price: $89,000
Cash invested: $89,000
2020 was certainly one "helluva year" and it was the year I ...
Sean Yang
HELP!!! What can I do if borrower is not able to pay back??
Hi all, I think I am in some serious trouble now and really need your guys' input!! About a year ago I got connected to a loan broker here in BP who was posting ads looking for private money to fund local flippers- so...
Heaven Boswell
I think i am failing
Hello, I am Heaven and one of my dreams is to start a real estate wholesale company that is honest and sraight forward. So far since last september I have done only 1 deal. I have put many houses under contract...
Jeremy Thomas
Self management property tools
Looking to start renting out my current home this summer as a long term rental when my new build is finished. I really want to self-manage to learn the most about process. I would also love to expand next year to more...
William Maschinot
HomeVestors
I am looking at purchasing a HomeVestors franchise. Any thoughts, good, bad or indifferent?
Sam Alpha
How would YOU tackle this foreclosure deal?
Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
Rudy Hernandez
Do you invest in IRA and/or 401k any more?
Hi BP members
Hope all is well.
I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax s...