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I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...
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What are your thoughts on turnkey rentals when looking for out of state rentals for a new investor to get their feet wet? Great idea with low risk? Terrible mistake? What do you think?
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I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...
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Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
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My partner and I have owned a 2-unit in SF, as joint tenants, since 6/13 (we were tenants from 1999.) We began renting our second unit 11/15, to a family member, but legit—with actual monthly checks paid to my partne...
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First of all, allow me to say that BP is amazing! I am really surprised how many people are willing to share their wisdom and knowledge! Thank you all for that!My husband and I are new investors. We have been thinking...
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Hey everyone,
I was working on my spreadsheet and I was looking at ROI, and I wanted to understand it fully. So I understand that ROI is your profit (income-mortgage-expenses) divides by total initial investment (may...
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I'm curious if anyone has worked with JWB Real Estate Capital and their turn-key solution in Jacksonville, FL. And, if so, what was/is your experience with them? I'm curious as to whether or not you are cash flowing...
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as I am analyzing houses to buy in cash, fix up and then rent out to use the brrrr method I get the first part of the numbers ran to find the roi is about 10%. But when I go further to find out how much I'm making aft...
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My LLC has made an offer on a SFH in the Chicagoland area. We have been in discussions with a lender through Flipping Depot called Sunway Realty that has agreed to fund our deal and has pretty decent terms. They are d...