Pat Ayres
Flips & What's a good profit?
Hey everyone at BP,I am working on my first (non live-in Flip). As it stands now with rehab costs, holding costs, Closing costs, & paying the buyers agent, I will net out at $33,000. Since I am not flipping as an ...
Michael Hanks
Student loans OR Four-Plex? (Dave Ramsey or BP?)
Hi everyone!So My fiance and I bought a SFH in an A class neighborhood with a VA loan and little down last year when the market was "hot". Needless to say, almost immediately we realized what just happened. We then re...
Andrew M.
Looking For Advice/Mentor For My First Flip
I'm looking to start investing in real estate and its a big decision, so I was wondering if anyone had any recommendations on your first flip. I'm looking for advice as to where to start and if possible a mentor. Does...
Zach Carner
Should I Rent or Sell my property?
My wife and I will be stationed in Washington next year. We currently own a house in Charleston, SC and we were thinking about selling it. However I've been hearing a lot about real estate investing and renting our pr...
Mindi B.
Separate checking account for each rental?
I am closing on my second rental prop next month and want to use an LLC for asset protection. In order to receive rents and deposits I'll need a business checking account.
From what I've learned each property should...
Curt Davis
Are Boot Camps and Power Courses Really Worth It?
Our company recently held a free educational seminar on real estate investing. After the seminar was over an older retired couple came up to me and asked me if what they were told in the seminar was true. I talked wit...
Chad C.
Are these good terms for a HELOC?
I was offered a 4.5 variable rate, closing cost of around $300. The way it is amortized is a little different. If it's under 5k it's amoritized 5 years. 5 to 10k 10 years, and over 15k, 15 years. This seems like a pre...
Ananth ArianaHegde
Tenant keeps breaking things
I have a tenant that seems to have a knack for breaking things. Ever-since he moved, he has been calling me every month sometimes multiple times to complain on broken things. I recently had to replace the HVAC system ...
Ashley Wilson
Scaling our Flipping Business
Hello BP Community,Almost two years ago, my father and I started a flipping business together. Since then, we have flipped three houses (two already this year), and will be closing on our fourth in a couple of weeks....
Andrew DeWeerd
OPPORTUNITY ZONE TAX HACK - FLIPPING
I'm almost done with my FIRST FLIP in Sarasota, FL (and projected to make $20k net profit!), and was just presented with a great BRRRR deal in an opportunity zone in Bradenton, which got me to looking further into the...