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I'm about to reach out to a home owner, best neighborhood in the area and this house looks a little forgotten about. Doing a bit of research it looks like the owner is 69 years old, "purchased" the house in 2003 for ...
Hello everyone, my name is Daniel. I reside in Greensboro, NC. I am in the military, but would like to get into real estate to achieve financial freedom. As most people are aware military personels tend to move a lo...
I am new in the investment world and i want to ask some straight up questions about Permits as i am getting all sort of answers from Contractors, Handymen and also people who have flipped houses before.Do i need to ha...
Hello BP! I am a 24 year old aspiring buy & hold real estate investor looking for some advice on how to get my first investment/rental property here in Florida. Here’s my situation:Myself and my mom are currently ...
I'm under the impression that the notion you must get an LLC otherwise you will get personally sued and lose all your belongings is a bit of a wives tale, and Brandon has done some great talks about it (https://www.y...
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In the process of possibly doing my first deal in which I happen to be the person bringing in a buyer. Right now we’re trying to set up a time for the buyer to look at the properties. At what point do I send a JV cont...
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Hello all, I need your expertise on 1031 subject, in particular @Dave Foster :)
I bought an investment property, rented it for 5 years, moved into it for 4 months (thinking that I could live there) but changed my min...
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Working on getting my first deal, saw a house about to go up for auction due to tax delinquency. I saw it was on market just 2 months ago but is now off market, why is that? would this be a good sign for me? Of course...
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I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are:
Is the journal entry correct? 26K is quite a bit of reven...
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Hey folks!Still pretty new to BP but have been thrilled to see how much knowledge and wisdom is out there. I have a steady W-2 with no intentions of leaving the job I love, but am ready to dive into real estate. My jo...