Richard Townsend
Question about BRRR strategy
Here's what I don't understand about the BRRR strategy. I purchased a house for $100,000 a couple years ago with 20% down, and now it is worth about $180,000. After all expenses it has positive cash flow of about $100...
Tony Castronovo
Update on our 20-Unit Apartment
Not sure I have updated y'all in awhile, so here goes.- Closed on the property at the beginning of August 2018- Completed exterior and mechanical improvements, including new TPO roof, new HVAC systems, several concret...
William Ruiz
LLC or an S-Corp
Good evening BP community!I recently started doing business as a RE investor and I would like to hear from other investors out there your thoughts about filing taxes as an LLC vs an S-Corp. Taking in consideration tha...
Alvin Roehr
New investors financing
For newer investors what would be the recommended way to go about financing? I know every investor likes doing their own thing, but for first timers whats the best recommended type of loan?
Thanks!
Ebahi Ejerekhile
Silent investor makes double what they put in...is this real?
I'm considering my first REI deal. The contrator and agent I am working with sent me a contract that I'd make $5000 for the $5000 I put in to a JV deal. The other JV partner put in $10k and he is going to make $10k. T...
Mark B.
Securities Backed Line of Credit? For BRRRR Strategy?
I haven't seen much if any discussion of this type of funding anywhere on the site or forums so I wondered if anyone had experience. It seems like it could be a good method to fund BRRRR properties in lieu of hard mo...
Chad Lubke
Marketing Spec Homes
I wanted to see how people are marketing their spec homes outside of the MLS and signage. I have been using traditional open houses, brokers opens, newspaper adds, etc. I am just starting to use Twitter, Facebook, Y...
Sage Souther
Remove Hardwood to fix hump in floor or refinish and live with hump?
Hello BP community! Just recently closed on my 1st
investment property (Duplex located in Amesbury MA). Me and my partner are implementing the BRRRR strategy and plan to hold on to this property for a good while. Id ...
Eder Aldana
Newburgh NY vs Poughkeepsie NY ?
Hello everyone , I want to start looking for my second property In ither of this two cities. Does anyone have any insight as which city my be best for cash flow or what city provide the least risk. I want to but via s...
Patrick Hayes
Things to know before partnering with someone in private money lending?
I was approached by someone about partnering with them in hard money loans and I love the idea but what are some things I need to look out for and how do I protect my investment?