Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
I’m curious to know how you funded your flip deals, especially the first flip (or first few) as you’re getting started??I found a single family home that I’m interested in as a flip. I have equity in my primary reside...
Here is a question that was posed to me by an old friend recently. He is attempting to do some joint venture or syndication type transactions. In our conversation, I mentioned to him that I am aware of private individ...
As we round out the year, what are some of the things you all are doing to best position yourself in the short term rental space in 2023 and beyond. I have a few questions below, feel free to answer just one, or all o...
When doing your due diligence, what are the top questions you would ask a turnkey provider? When was the roof replaced? When was HVAC replaced? What type of neighborhoods do you invest in and why? etc...What are the m...
...Dumb.
[Sorry to be mean. My comments as an owner -- rant ahead]
Seriously. How much are you guys paying for your "lists". How many of you think buying a list of: owners that got a red tag. owners that got an...
I am a first time landlord and managing my own property. I have my property listed on websites and have received applications (with background/credit checks), along with many requests to view the property. The proper...
Hi BP community! My husband and I started out with one SFH rental in 2008. My husband joined the military, we had to move, and our house value had plummeted. So we turned it into a rental property. I managed it myself...
I have an LLC for rentals and an S Corp for flips. Between cleaning up my books and tax prep, and filing my CPA charged me $1,200 last year and it may be more this year. I'm thinking it's just too much. I use Quickb...
Hello BP members,So I am about to close on my 203k construction loan; however, my appraisal came in lower than what I needed it to be at.Details:Purchase price: $105kRehab + contingency: $100kLoan amount: $205kDown pa...