Tony Choe
I have $5000, what do i do?
I am a full-time student and working part-time as a personal trainer and I know real estate is going to the tool to build my wealth over many years to come. I'm located in the bay area so there really isn't a thing I ...
Rigo Medina
Wholesaling - Why do some Real Estate Agents say it is not legal?
I recently shared the idea of Wholesaling to a Real Estate Agent. (she is new to Real Estate)I regret sharing the idea with her. She pretty much scolded me and said that it is illegal to practice real estate without a...
Michael Dunn
ADVICE Please...... Got to be a way to get $ out
Good Evening BP communityI need to get as much insight and advice as possible by Friday , as I am set to talk to my Lender about What ( If any ) Cash Out and or HELOC options I may have , given my current situationAnd...
Mary White
Finance on a repaired 4-plex
We're buying a 4-plex for $116,500 for cash (ARV is $300,000-$325,000) with plans to repair and update it over the next 2-3 months. We're then going to hold it as a rental and use a modified BRRR strategy to buy anoth...
Wayne Woodson
Shoot Bullets In My Wealth Building Stratagy.
I just got through creating a wealth building strategy for myself and now want to see if there are any problems with it.1. Save $1,000 as an emergency fund in a money market account.2. Pay off all my debts excluding m...
Carlos Hernández
Any suggestions for investing local or out of state?
Good day, everyone!I am a first-time investor with approximately $50,000 to invest. Although, I am looking to build more capital I am very eager to get started. I believe I have 2 options:1. JV, because I do not have ...
Greg DuPan
Selling flip in Ohio advice needed
Hi all, this is my first post, been reading tons on BP. I have a couple rentals and decided to do a flip this year. Its just finishing up (next couple weeks) and one of my tenants approached me about purchasing the ...
Chase Gochnauer
Do you use depreciation savings in your pro forma?
Hey guys,I have about 55 rentals but most are smaller units. Typically on my pro formas I don't figure in depreciation tax savings. I am pulling the trigger on a much larger complex, though, and the depreciation expen...
Nicholas M.
Need help on increasing rents. New to landlording
Hi, I just acquired a duplex. I live in one unit and rent out the other. The other unit was acquired with a rent $400 below market rentals in the area. Im brand new to the game and I dont know whether i should just te...
Charles Wesley
Selling RE - how can I minimize tax burden? something like a 1031
This is my first post folks so I hope I'm in the right place. I sure do appreciate hearing other perspectives from all the creative minds on this forum so thank you in advance!I have a vacant parcel of commercial lan...