James York
Why are you refusing section 8 vouchers?
I’ve just finished reading “The Color of Law” which is an eye opening look in to government sponsored segregation through housing policy. With section 8 being an actionable step in the right direction, why are some la...
Marcus Auerbach
Newbies: investing is not rocket science - don't let the gurus tell you otherwise
Alright, I just read a post from a guru pitching services on BP. I did not want to respond with what I really think, but let me tell you my story here instead.
In 2007 I went to a RichDad seminar: after the free Thur...
Roberto Westerband
First Lien HELOC Strategy
What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
Michael Plante
How would you Net $1,000,000 flipping in 12 months?
Thought it would be interesting to see what people thought it would take as far as people, experience etc to Net $1,000,000 in 12 months flipping
Would you do one BIG flip?
Many smaller ones?
How would you go abou...
David Zheng
Accidental $291k cashout refinance... Biggest BRRRR Deal yet!
Hi BP!Just wanted to share one of the most exciting things that "accidentally" happened to me. Back in Sept, 2016 I was just 9 months into real estate investing and I was browsing Zillow for fun as I usually do. Manag...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Account Closed
Breaking FHA rules.
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...
Nikolay Izmerli
My First Flip in Florida! With Photos! The house is sold
The really invaluable part of this experience has been education. I and my wife who was a designer of the project have learned a lot. We certainly made mistakes along the way, however understanding what went wrong pro...
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
Good evening and happy new year,I need input on something that seems too good to be true. I just got off the phone today with an investor-friendly real estate agent in another state (not NYS) who has a whole team behi...
Salvatore Lentini
What's stopping you from buying your 1st investment property?
I built a rental portfolio of 127 units and soon to double in the next year. I've experienced a little bit of everything: wholesaling, flips, single family rentals, multi family rentals, office, commercial, developme...