HI BP gang! Greetings and Happy Spring!This is my first time posting and I am new to the BP community & new to real estate investing, but have enjoyed listening and reading about Long Distance Investing and everyo...
I was thinking about how this pandemic will shape not only real estate but business as a whole once the world gets back to “normal”. Just looking at the amount of businesses forced to close by the government has led t...
I am moving to St. Louis and looking to purchase a condo, apt or multi-family below 240k. I would like to live in for the first year then hold it as an investment. I do not know the area real well.I am in my 20s. Top ...
Hi allI'm a remote investor and have built a small buy-and-hold portfolio of SFRs in Kansas City (Missouri, not inner city, but generally C type neighborhoods: $700-1000 monthly rent) and am in process of leveraging a...
I emailed my CPA to ask what our tax liability would be if we sold some properties. He answered my question via email and I got a bill a month later. I feel like we pay a lot for our tax prep ($1500) and to be billed ...
I wanted to get some thoughts from the veteran flippers about the new structure my GC and I came up with. See the following:
Previous Structure
-GC bids job
-I pay 30% at beginning, 30% halfway, 30% before final walk...
My new house needs siding. I am pretty handy but I have never had any experience with Hardie lap siding. Is this something a non professional can take on? I have done a bit of cedar lap siding and once you got the han...
Hi BP community, I have a quick question about permits and licensing. Me and my partner are looking for rundown properties in Jersey City to rehab and renovate. He is a contractor in NY but not licensed in NJ. I'm ...
Hi BP House Flipping Community,
Today I would like to discuss and brainstorm how to structure a single house flipping.
First, I will lay down what I know so far.
Then, I would like to hear other m...
TL;DR: I want to buy a fixer-upper with an FHA/VA loan for 0%-3.5% down, force appreciation through renovations, then sell after a year and use the profit as the 20% downpayment on a conventional loan then BRRRR. Is t...