Chad Kerlin
Flipping Formula
Last night I attended the Dave & Pete Flipping Formula seminar, which they were not even there. The seminar was helpful, but I should have known it was too good to be true. They offer resources to money and buye...
Alessa LeSar
I'm ready to strategize!
2 years ago, I decided I wanted to get into house flipping, so I got my RE license last Jan. I sold 20 houses last year in my local market (ASHEVILLE NC). I wrote my goals for this year and on that list was to put mys...
John Thedford
New Article: Austin Tx Is Most Over Valued RE Market
Here is the link: http://finance.yahoo.com/news/10-most-overvalued-undervalued-housing-131550950.htmlAlso from the article:The most overvalued market in the U.S. was Austin, Texas (overvalued by 19%), followed by Los ...
Vikram C.
Does buy-and-hold make any sense now?
Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
Michael Noto
Running Diary of a 2-Family Flip in Southington, CT
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
Josh Magnus
This economy feels like 2007. Am I wrong?
Hello BP community,
Is it me or do the sky high valuations on homes seem similar to the run-up during 2006-2007? It seems like the market is due for a valuation correction, maybe relatively substantial (10-20%)? Eco...
Jonathan W.
Why do so many new people want to wholesale?
Why do so many new people want to wholesale to get started in real estate? Is it because all the guru's talk about it making it seem great. To me, it looks like it sucks. I would rater get a 2nd job at a good rate to ...
Lingo Lin
Do you put your rental properties into Anonymous LLC?
I have my personal home under my name and am considering putting it under an LLC, I did research which took me further into considering putting my own home as well as any rental properties I own in an Anonymous LLC. T...
Todd Powell
Exhausted! Tenant suicide this month, flips, and rental turnover!
Hey BP peers! When does this RE stuff actually become passive income? It’s been a trying month for sure. I work that full time job, manage 29 doors, and flip for profit and debt reduction. But, on April 12th I get a c...
John C
Raise Rent Letter
What is the best and most polite way to word this letter to get the rent and keep the tenant??