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New Investor from Emeryville CA looking to invest somewhere else!
Hey everyone, my name is Chuck and I recently moved to Emeryville, CA from Philadelphia, PA. I'm originally from the small town of Williamstown, NJ (South Jersey). I work in Corporate Finance in San Francisco after ...
Elihu Bogan
Jacksonville Deal Analysis (in due diligence)
Hi BP! Long time reader, first time poster. I have a deal under contract that goes against most of what I've been taught from Frank & Dave, Jefferson Lilly and the other experts, but I can't shake it so I'd like s...
Chris Bounds
Direct Mail Campaign Results - Comments & Suggestions Welcome
Hey everyone. I did a lot of research on BP about direct mail before I started my own campaigns last November. I figured some people might get some value if I posted the results so far. I'll appreciate any comments o...
Thomas Kareeparampil
Let’s Make a Deal - Blog Post
How many of you enjoy sitting down to an episode of Flip Or Flop, or Fixer Upper, and think, it would be neat if I could make a deal like that and come away with a big payday. While real-life house flipping isn't as e...
Michael William Sheehan
Help Me With the Numbers
A 200k 15 yr mortgage with 6% rate will cost you $165k in interest. Stretched out to 30-yr it's still over 100k in interest. If the value of the home is 200k, after 30 yrs maybe it's 600k and it cost you 300k in inter...
William Presley
Are there any hidden risks to wholesaling?
I am new to real estate and, like many other newbies, have decided to start off with wholesaling. The reason I've decided to take this route (and I'd assume many others have similar reasoning) is because wholesaling s...
Edward Zachary Samperio
VA loan closing costs and down payment
I want to purchase a multi-family home using my VA loan. How much total cash on hand is recommended to have before buying? Say I want to purchase a property worth 300,000 - 400,000, what is a reasonable amount of cash...
Robert Steele
At what point is tenant not responsible for paint and carpet condition
I had a tenant move out after 5 years and the carpets are absolutely trashed. They were brand new when they moved in. I know the IRS assumes carpets are only good for 5 years so I am thinking I should not deduct this ...
Nicholas DeGaetani
Questions about strategy of turning first home into rental
Hi, I'm planning to buy my first home and while I'd love for it to be my first rental property, my wife is more interested in finding something we can live in. So I'm trying to develop my strategy for living in the fi...
Rodney Wehr
Four-plex FHA
Hello!Well my wife and I purchased a single family home a year ago and have successfully converted it to a triplex - and its going great, I'm happy to say. We are selling a SFR in Eagle River and have an opportunity ...