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Hello everyone!!! I am new here and I am interested in learning how to flip real estate. Ive read a few books and im eager to start my first project. Does anyone have any advice for the Miami market?
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Hello BP world. I am writing from storm stricken Lake Charles, LA. Within a short period of time our city endured two back to back hurricanes, a freakish flood, and an unprecedented freeze that has unfortunately left...
Planning to sell a 4plex near downtown San Diego, CA... hopefully with OF (wrap loan). Still doing research to learn the ins and outs of such a deal. Hoping to hear from people who know how to structure such a deal, w...
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I don't quite understand this so called "law of diminishing returns". It shows up in the BP calculator each time I analyze a property. The ROI percentage starts to go down at about the 10 year mark. Plus I keep hearin...
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My wife and I currently live in a duplex owned by my wife's grandmother. She is in her 80s with a small fixed income and a dwindling nest egg. There is decent equity in the house: $125k or so on the mortgage and curre...
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Hello everyone,Has anyone sold their working STR as a business? Meaning, a buyer would get the property PLUS, furnishings, supplies and the Airbnb/VRBO listing itself. I was thinking someone could sell the property/bu...
Good day all. I've asked around and searched around, but found no solid information. Bought a triplex in a 1031 exchange. The seller added the neighboring lot/land in the sale. Lot/land was not part of the paperwork i...
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I was just curious about peoples thoughts on this. In super high cost areas like San Fran, NY City, etc.. Is there ever a time when it's OK to cash-flow negatively, as long as your loan pay-down out weighs that?? For...
When wholesaling, once I get a property under contract with the seller should I take our contract to the title company immediately? Or do I find a buyer first and take P&S and Assignment contracts to title company...
I haven't found much information online about rental properties that didn't cash flow and still are successes. I'm reaching out for your opinion because most of the "non cash flow" opinions by other investors are that...