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Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...
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Hello beautiful people of BP! So I work for a company that purchases preforeclosures and specializes in short sales. I want to build genuine rapport with the sellers I get into contact with and I understand that a loa...
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I've been checking out properties in Milwaukee to hold and rent. I'm out of town, so I'm doing my due diligence on-line. Can someone help me get a feel for the good or bad areas? Is there an online resource that can h...
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I've been a sideline student of real estate for many years but I'm hoping to take the leap into passive real estate investments in the near future. After much research and consideration, I've decided that I don't have...
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Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...
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I am looking for recommendations of a CPA or tax adviser to answer some income tax questions about my real estate investing. I am comfortable doing my own tax return filing, but have a couple questions about some of t...
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I am 19 looking to buy my first investment property and I found a good deal in New Hampshire. I am not sure whether I should flip it or hold it as a rental property? The house is listed for $350,000 3000sqft 8bed ($11...