Hey everyone! Obviously we all love using the BRRRR method to supercharge our wealth in real estate, but what are some downsides that you guys can think of that a newbie should beware of? I have a solid understanding ...
Hey BP Community,It seems as if a lot of people really like to hear about short-term rental/ AirBnB stories, so I thought I would share a deal that has been “operational” for four months now…First, I live and work in ...
Investment Info:
Single-family residence fix & flip investment in Henderson.
Purchase price: $369,000
Cash invested: $33,000
Sale price: $500,000
This flip was just listed for sale. You can s...
I have been buying mainly turn-key properties as of late, with minimal repairs. Every time something breaks, I usually do a few things. I look it up on the internet, I Google it, read a few books on it, all to find ou...
Currently looking at this property but don't have any money to go with it. I think it's a good deal. Would make at least $600,000 a year.
The property is $15,550,000
Anyone know how I should get the money? I'm pre...
Quick question about what to do in the event of a double-closing! So, here is the hypothetical situation:I get a property under contract with the intention of wholesaling it. As stated per the contract, I am allowed a...
We are lucky in Metro Phoenix to have a real estate data resource that slices and dices our MLS data daily to give us a real-time analysis of what's happening in the resale market. This resource is the Cromford Report...
I recently bought a duplex in PCB, FL and will be getting it ready for a STR starting tomorrow. I have the basic accommodations/items down that's needed for my guest but I was curious about any one off, unique items t...
Hoping a CPA or another person can provide some insight and definitive answers when it comes to land contracts, and tax consequences when selling real estate on land contract. Also, if an asset is held for under a yea...
Hello all on BP!Pretty excited to start seeing it all come together for the first time. Just got pre-approved for my mortgage on my first rental property. Making my offer to the seller tomorrow!Let’s make sure all goe...