Account Closed
Breaking Down How Much Money You Need to Invest in Real Estate
Residential real estate investing has the potential to be very profitable. But how much do you need to invest in real estate and generate steady passive income?
Unfortunately, the perceived excessive costs involved ...
Josh H.
Private Money (Hard Money is for Suckers)
Good Morning BP Community,Is Hard Money really for suckers?
My wife and I have done about 30 flips over the past few years, typically with a partner of ours that has a good amount of cash which he invests, then we sp...
Robert Rappold
Enforcing a purchase agreement, seller backing out.
Hello,
Does anyone have experience enforcing a PA via arbitration or law suit for specific performance? Wondering if arbitration is the way to go? Seller backed out of the deal last minute leaving me high and dry af...
Robert Siverd
Refinancing two properties to get another one-bad idea?
I am looking for some input on whether or not a deal I am working on is a smart move long term. My partner and I own 2 SFRs. Rent total for them is 2270 a month. Purchase price was 100k plus 15k in repairs for one a...
Daniel Guerra
Please help analyze my potential deal (Deal or No Deal)
526 harwood street, Joliet, IllinoisDuplex x2 (2 bedroom 1 bath), electric heating, window a/c (bottom unit doesn't have a/c), no garageThe current tenants are paying $2,200 total for poor conditions. Both tenants do...
Anthony Rios
How to finance deals?
Hello everyone, My name is Anthony Rios. I am a military veteran currently living in Orlando, FL. I am a student at Rollins College in Winter Park. I am completely new to real estate investing. I have taken the beginn...
David Ivy
City of Austin vs. "Predatory" Flippers/Wholesalers
The City of Austin recently passed a resolution to "educate homeowners who could get taken advantage of by low offers, with the promise of quick turnarounds."According to this story from KXAN, "The resolution will pro...
John W.
Management Companies
I have one rental and a second that is to be on the market very soon. i plan on managing them up until i feel the work load is more than my time is worth, but i do have a question for yall.
from my understanding a "ty...
Michael Ting
New Member Chicago
I am Michael ... just want to say hi. I have been a lurker for a while now and thought I would take the plunge. A little about myself. I will be finishing 4th year medical school and becoming disillusioned with medici...
Ashley Henderson
Umbrella insurance policy, is it necessary?
Hi All!I'm about to close on my first property, a 4plex in Pittsburgh, Pa. Due to better mortgage rates I chose a conventional residential mortgage over commercial. Since the property will be in my name, not my LLC, s...