Monica Ponton
Nice to meet everyone!
Hi everyone!
1. I am Monica. So excited to meet everyone! I am super new to investing, just in the early stages of learning and excited to take my first leap! I am located in Hampton Roads, Virginia.
2. My hopes a...
Simona Potocar
Am I putting all of my cash into something that's not a cash cow?
I'm afraid I'm purchasing this property at too high of a price for the kind of returns I would want in the future. Based on the numbers below and the overall background of it - should I back out of this deal? Also if ...
Bailey A.
Prop Mgmt Team Doing Their Job?
Hey guys,
I want to make sure I'm not overreacting as a new investor. Its been a little over a month since I've handed over my property to a management company to lease out and take care of. I originally posted it at...
Nolan Payne
Purchased 1st property, Flip or rent? Need help!
Hi BP! I hope ya'll are looking forward to a great Labor Day weekend! Here is the scenario and numbers for a property I've purchased at auction and I'm struggling to figure out which is the best play/course of action ...
Katrina Taylor
First Found Property
Hello all... How long did it take for you to find your very 1st property? Having a hard time finding my first flip/hack property!
Tyler Blackburn
Estimating Rehabs when Wholesaling Distressed Houses (DFW)
Good Evening BP!I sent out my FIRST direct mail pieces of 300 letters to pre-foreclosures about 6 days ago all around the Dallas / Fort Worth metroplex. So I am hoping that my phone will be blowing up over the next co...
Stone Cyrus
Your opinion’s on VA's and VA Companies
Fellow RE Investors, I want to source opinions from investors who have used VAs or hired from VA companies in the past. What elements or services are important to YOU when it comes to a VA company? What are some downf...
Eric Ching
Comps with ARV (Lot Size vs Year Built)
I need help with some comp evaluation to get my ARV right. The software gave me their Comp Analysis but I have my ARV around 600K. I'm having difficulty dissecting some parts of the comps. This property is on a really...
Scott Byer
Contractor Fraud: opened line of credit against our property
I need advice. I am building three new construction single family homes at the same time with a contractor. Cutting to the chase, the contractor put in a draw for $23,000 for framing lumber. We paid him as requested. ...
James Ohliger
Quit Claim out of an LLC for Re-Finance?
I am about to purchase a short-term rental property and I'd like the property to be held within an LLC (as my other properties are). My lender tells me that since Sallie Mae guidelines allow a transfer to an LLC that...