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Problems vs. Profitability: A Guide to Flipping Houses
Like so many people who dream of securing a good income in the real estate business, I got my feet wet (actually, almost drown.) in the house flipping business. I was inexperienced and more than likely made all the...
Ryan Zach
Seeking advice on this lead
I got a lead through my real estate property management class. Basically, this gentlemen owns a motor home business, with multiple commercial properties which he uses to showcase his inventory. Anyways, I heard from...
Yoni Rozenstein
the right way to build the business for a out-of-state investors
HELLO BP.I appreciate your time for reading my questions.I’m relative new to BP, my name is Yoni ,30 years old , married. by profession I’m industrial engineer for 3 year, Turned into a real estate investor.My goal ...
Andrew Nesbitt
How many mailers to get a deal?
I've never done a deal. I want to mail out "i buy houses" postcards, but not sure how many I should send out. I NEED to get at least 1 deal from that mailing. So how many mailers would I need to mail out to mak...
Chris Lynch
Commercial vs Residential Agency ?
I started learning about Real estate about a year ago. I have read books and read a handful of post on BP already. But like many others have mentioned I would like to earn while I learn.
I am currently in ban...
Manolo D.
Business Specialized Banks
Our company's bank statements are more healtheir than that of the incorporators. Since we are exposed to the construction industry, we are looking to qualify the company to improve its paydex score (FICO name for busi...
Logan Zanki
Building company credit to buy real estate
Has anyone on here used company credit to buy real estate? I've been talking to a company that said they could get me a company line of credit for 50-70k with in 6 months.
I was thinking what if I used the company ...
Bryan H.
Was your LLC put to the test?
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Dave Atwal
Protection against Tenant Lawsuits
I have 5 rentals. All paid-off. They total upto $1.5 million of rental assets.How do I do asset protection against any lawsuits, especially in a tenant-friendly state like California.Actions Taken:- I have broken them...
Dan R.
Seller-financed IRS reporting
This is a question for my accountant, but since he's on vacation this week I wanted to see if anyone has had a similar experience. Here's my dilemma: I have struck a deal for a seller-financed acquisition of a mob...