Nathan Gesner
Squatter Shot and Killed by Police
Another avoidable situation. This woman squatted for a year and it was NOT related to COVID in any way, yet they couldn't evict her. When they finally do, she's apparently gained a sense of established entitlement (wh...
David Sanford
Cheap houses in blah neighborhoods
So, there are many houses within about 30 minutes of where I prefer to invest that are all $40k and under and generally move in ready or need around $5k to bring them up to par. Issue is that these houses are in rath...
Jake Baker
My BRRRR Horror Story! What could I have done differently?
I wanted to share a horrible BRRRR experience with a property in Jacksonville, FL. What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.
The Numbers...
Christopher Blake
Private lender
Hello BP. How does one become a hard money lender? What pros and cons are there for the lender. Also what amount of money is a substantial amount to be considered a private lender. Any information would be great. Than...
Tom Lipps
Convert 2 BR to 3 BR - Payback Period -
Hi BP!I'm curious about your thoughts/recommendations here...I have a 2 bedroom unit with two tenants with declining health. I mention this only to say they are relatively high maintenance. I'm averaging at least 1 c...
Darryl Harlow
Where would be a good place to start looking for a loan?
Hi, I've got bad credit, no assests, but I know construction. I see homes here around the Cincinnati, Oh area, which are selling for under 10k, (I've been watching one up for auction, starting at $2,500 with a reserve...
Account Closed
Section 8 hedge against recession or STR
I have around $100k and a VA loan to invest after selling my house. I am considering rehabilitating cheap properties including mobile homes and renting them as section 8. I think it would be a reliable income through ...
Bryan Hancock
Engaging With Trust For Land Purchase For New Resi Development
What has been your experience with dealing with trustees or beneficiaries involved in trusts that own raw land for development? We have a parcel we wish to purchase for about $2M and are trying to think through the b...
Angela Yan
Got the EIDL money. How are RE investors using it as “operating”
Hi guys!I was lucky enough to get that EIDL money but the loan docs are a bit sensitive. I am wondering what are some of the tricks RE investors are handling their money so they are creative enough to abide by the ru...
Craig Smith
Accounting for Landlord/flipper
I am starting out from scratch after my divorce and am interested in setting up the right corporate entity and accounting for all of my expenses appropriately. I expect to use the income from flips to grow my landlor...