Account Closed
Regret accepting offer with owner carry in 2nd position
After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
Cam Jimmy
My First BRRRR! With Pictures!
I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...
Devin Monroe
How do you make money with a PM?
I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
Sam B.
$200k in six months - long distance RE challenge
I day traded currency futures in a past life and always kept an online journal to keep me accountable, share what I was doing with the community and have a little bit of fun. Even 10+ years later, I enjoy reading bac...
James Wise
Short Term Rentals (like Airbnb) have been BANNED!
Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...
Davido Davido
Unusual Tax Question Is this money for nothing? Is it Tax Free?
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
Kyle Scholnick
Does Anyone Own ALL turnkey??
I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
All:I've recently spoken to a few REIA groups in my area about my business and I thought it would be a good idea to share this info in the forums.I've been investing in college student rentals for 12 years and current...
John Jack R.
Do Little and Try and Make Money or Add Real Value and More Risk?
So about four months ago, my business partner has an inside track with this HUGE DEAL! It was a Spanish client of his, whose husband passed away, after a legal battle with her late spouse's family, she won the right t...
Edward Stephens
Should I take a hardship withdrawal from my 401(k) for a down payment?
Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...