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My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won’t allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got gr...
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Hey everyone! Question - I understand that the point of BRRR is to have a property that you hold on to to increase your monthly cash flow as well as build equity overtime. But at what point does it make sense to sell?...
Hi guys,
I've got a potential deal that I can't make a decision on. Based purely on the numbers, would you buy this? Why or why not? Thanks in advance!
Here's the spreadsheet:
https://www.dropb...
Hi folks,I am new on buying a property and trying to househack on fourplex property that is 40 years old(1980's). The showing is scheduled and as long as no big concern arises, I am going to make an offer. So I have a...
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Hi everyone,I'd love to hear your opinion on this one. What would you do about this rental property if you were me? We (my wife and I) bought this 3 bedroom, 1.5 bathrooms single family home at the height of the mark...
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Hello! So as the title says I am new to real estate investing and looking to get into it full time in the next few years. I recently got out of the military (about a year ago) and have since been working at a job that...
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I’m looking to buy my first BRRRR strategy, it’s also going to be my first home while we remodel, I don’t have a lot of cash saved up for the down payment/closing costs. I was just curious if anyone could give me a li...
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Hi, I just wanted to share my first flip with the BP Community. On February 1st I purchased a single family for $105,000 from a wholesaler. The property was the ugliest house in the neighborhood and was abandoned mi...
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In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
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What do you do when you close a lease option deal in which you collect Lease Option consideration??? Legally do you have to hold it as if it was a deposit or can you use that to go find more investments and invest it?...