Derrick McCoy
A Million in Assets Acquired Whats Next
Hello BP, This is my first year doing buy and holds in real estate. I managed to acquire over 1 million dollars in assets this year by purchasing properties based on the 1% rule. All of the properties collected ar...
Shane Collins
How did you raise a large down payments when first starting out?
I have one duplex at the moment but I am looking to expand. I house hacked my first property on an FHA loan 6 months ago. Things are going well and I would love to purchase a deal I found that is going to be great. I ...
Marc Maser
Starting on Our First Flip!
Just won a local 3/1.5, 1600sf today on an auction! My wife and I are pumped to start on our first flip! Thank you to BP for providing the resources for people to gain wisdom. This community is such a wealth of inf...
Jordan Lane
Converting Oahu Leasehold to Fee Simple
I have a family member who owns a leasehold SFH in Waipahu. Mortgage is paid off but the lease has just exited the fixed rate portion of the term so the monthly rate has greatly increased. There are still approximatel...
Brent Pearman
Tax Classification and New LLC in Downstate Illinois
Good Morning,I am currently setting up an LLC as the designated manager (COO). The other members and I have a significant amount of personal assets we want to protect, hence the LLC. The main focus of the business i...
Pavan Kovvuri
leasing to a bunch of friends/co-workers
Hi folks,
I received an application where 4 people who work at the same office would like to rent my SFH. They all applied. credit scores are low but combined income is much greater than rent. No criminal or Eviction...
Britton Schow
Should we sell our duplex?
We purchased a 1940s up down duplex in 2018 in Pocatello, ID for $124k. At the time the basement unit had been renovated up to the sheet rocking phase and the upstairs unit was vacant. We did a facelift on the upstair...
Martin Nowak
Should I sell or should I go now?
That title is a reference to old punk rock song. I’ve had an investment friend suggest I sell my real estate holdings which is 5 singles family homes. He made a suggestion because of rising interest rates and home val...
Misael Herrera Granados
Options for purchasing
I'm currently applying for pre-approval to purchase my first ever property. Since I'm 24, and don't have much behind me I'm planning on using an FHA loan and taking on the PMI expense. I have a good credit history and...
John Acheson
Where to get daily CRE valuations like "Zestimates"
My wife & I love the Zillow Zestimate graphs,that are FREE and updated DAILY on some properties,but for CRE on Loopnet or another site,how can we research valuations?