Dana Bull
To LLC or not to LLC?
Hello,I am looking for opinions and use cases for establishing an LLC or multiple LLCs. When did you create your first LLC and what was the rational behind it? What are the pros and cons?If you have multiple, at what ...
Chris Eaker
Turnover on Multifamily Value-Add in 1st Few Years
Hello All,In a value-add multifamily property (say 75-125 units size) in the early years, there will be quite a bit of upheaval for the current tenant base, i.e. construction onsite to renovate the property, renovatio...
Will Gaylord
Condo flip?
I see a lot of people talking about buying and holding condos and all the issues with it but I don't believe I have seen anything about flipping a condo? I have recently found one in foreclosure and all other units of...
Eric M.
Stripping a house in foreclosure
I am curious if any of you who buy homes at auction have ever reported an owner who stripped a house to the police?
And what was the response?
I always expect a little of it (appliances etc) but this last one did stu...
Shaun Fogleman
Remotely Managing STR
About to close on my first STR in the Knoxville, TN area...what software(s) could we utilize to best manage it remotely? Is it worth the hassle of even trying to manage remotely and just hire out the management side o...
Cara Lonsdale
Northeast Phx FLIP - Yes, they still exsist!
Investment Info:
Single-family residence fix & flip investment in Phoenix.
Purchase price: $165,000
Cash invested: $32,500
Sale price: $235,000
It was a 2/1 with 824 sq ft in a Northeast Phoe...
Henry Lazerow
How to cashflow on northside - Know the actual market rents!
Having a hard time finding cashflow? A helpful trick is to completely ignore the rents the buildng comes with and figure out the actual market rents you can get. These numbers will often surprise you with a significan...
Marc M.
Here's what NOT to do when submitting an offer....
So I'm buying a personal residence for myself. Came across this house that fit nearly all my parameters but the place needed a lot of work and they were asking more than I qualified for. Passed on it and kept search...
Geetha R.
Economy shrank at unprecedented rate - Effect on SFR Price
Economy shrank at an unprecedented 32% annualized rate in the second quarter - the fastest pace on record and comparable only to events such as the demobilization following World War II in its severity.
But, single...
Mike B.
I bought it.. YOU design it! Let's have some fun!
Hi everyone,I thought this could be an interesting/fun topic. I'm about to close on a home. I know what design I "could" go with. However I'm polling YOU.. the BP crew to weigh in on my decisions and tell me if you ...