Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
Hello BP,My name is Ryan and I’m a new investor from San Angelo, Texas. After listening to the audiobook “Hold” and reading BP non-stop for about 2 months, I finally dove into the investment game head first and I lov...
I am a novice investor who inherited the business from former husband 6 years ago and looking into doing my very first 1031 exchange. I am considering moving into up-leg property so I can rent out my residence to crea...
One of the most common frustrations when choosing a real estate savvy CPA is not knowing how to tell whether he knows his stuff. Here're some sample questions to test his technical competence, in any order:
We're mak...
So I’m eyeing a property and I’m really thinking about a fix and flip loan.I’m just really concerned about the market risk. For example, if there was something like a global pandemic or credit market crash, I might no...
How to Locate a Profitable Fix & Flips:
The Key to finding profitable deals is knowing not where to find the deal, but rather what Number makes it a good deal. Knowing your math is the Number One important ...
I have had RE investments for longer than I care to admit but don't really understand what a "wholesaler" is or does. Could someone please explain this to me? I understand the term wholesaler but not how it can apply...
Purchased a property a few months ago, this was meant to be our first official BRRRR but appraisal came in lower than expected and we are wondering what to do.
Purchased the property for $265,000 (This included $212...
Hello BP!
In 2017, I purchased a 20 unit multifamily property with value add. After increasing the income and reducing some of the expenses I've reached a point where I would like to sell to move to larger investmen...
I have an opportunity to purchase my late parents property from my two siblings who want to sell the property by me buying them out. I am trying to decide if I should try and make this deal happen. The property co...