Terry McMillan
401k Cash Out Dilemma
I am wanting to get started in real estate investing by acquiring rental properities. I have a substantial 401K ($300k) that I could cash out and use to start buying a few properties. However, I will lose $100k right ...
Keyonte Summers
Successful Metro Detroit BRRRR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $35,000
Cash invested: $20,000
This is my most recent BRRRR in the Detroit area. The deal was found leaving one of ...
Adam Harper
Palm Springs vs Fort Lauderdale
Of the two cities Which one has more complicated laws for STR? Which one brings more profits? Which city in the US has the most lax regulations for STR. Thank you.
Bruce Ellerd
Coin Operated Laundry Machines
Hello Albuquerque BP Community,I have a small complex here in Albuquerque and am planning to put in some common-area laundry machines for the tenants. I'm considering going with coin-operated machines, but don't know ...
Shaun Anderson
Canadian Newbie!! Looking for any and all help and conversation!!
Hi, I am brand new to the game, have been learning for a couple years and am just about ready to dive head first into the game. I am Shaun Anderson and I am in Regina, Saskatchewan, Canada!! (It's easier to draw th...
Bruce Tieu
Relocating to Florida to invest in real estate
Hi,
A friend and I are thinking of moving to Florida from Denver, CO by the end of the year to invest in real estate. Our strategy is to purchase a multi-family unit that would allow us to occupy one unit and rent ou...
Ryan Cruz
When to LLC (Now? Later?)
Hi, I'd like to get some feedback regarding at what point I should form an LLC. So currently I own one rental property, and am in contract on another. Both of these properties are out-of-state. I've seen both forum...
Kelly Johnson
Investor Friendly Realtor Needed in Baton Rouge, LA
Hi. My name is Kelly. I'm looking for a Realtor in Baton Rouge, LA who is willing to provide weekly comp details for the local markets and leads on available properties. I make most of my offers with cash but they wil...
Nam Nguyen
need a strategy to repay a down payment
My relative is willing to loan me $25,000 for a $100,000 property. The remaining $75,000 would be on a conventional loan for 30 years. The property cash flows $200 per month. What strategy would you use to repay the...
Account Closed
How do you factor holding costs wholesaling deals
Im looking to use this formula to calculate my offers on deals to cash buyers who fix and flip. It was suggested that I calculate fixed costs at 15% of the ARV, and the end buyers profit at 30% of the ARV. Is this rea...