Chris Parr
Foreclosure Practice (Auction) in NJ
Hello,I have started to investigate obtaining a house through a sheriff's auction in Monmouth County NJ. My plan is to buy a single house, do repairs and upgrade and possibly sell in a few years to reap a tax free pr...
Cody Dover
First Investment Property bought at age 22!!
I'm ecstatic to finally say my partner and I overcame the analysis paralysis and signed off on our first investment property. Signing day couldn't have come at a better time. Trump gets inaugurated as president of the...
Ryan Ahlgrim
Rent To Own Questions
I've been doing some homework on how Rent To Own for a landlord works and have a few questions for anyone with experience doing multiple RTO deals.1. What is the percentage of renters who actually follow through with ...
Account Closed
Refinance deed restriction
I’ve heard it said here and elsewhere that banks sometimes have deed restrictions that in addition prohibiting resale, also prohibit refinancing for a period of a couple months after the purchase of an REO. Does anyb...
Soren Thomsen
Starting out real estate investing in Dallas
Hello my name is Soren and I currently live in Dallas, TX. Two partners and I are looking to make our first investment in a multifamily rental unit. We are all around 2 years out of college. I work in corporate financ...
Connor Lewis
Expense Tracking for New Investor
Hello BP community!
I just closed on my first house hack yesterday! I'm super excited to officially begin my real estate investing journey! I will soon establish an LLC and open a business account to track income and...
Anthony Surico
Separate LLC's with Ownership into a Partnership
Hi BP Community! My buddy and I, both 25, have worked closely over the past couple of years on different non business activities for the community and we are looking to join together to form a business relationship wi...
Tim Jones
Was this a good recovery from a bad mistake?
Hello BP!Looking for a little feedback on my first REI deal.Background: Joined BP last year, read a lot of books, and listened to all the podcasts. Got my wife involved (she's the smart one) and we got a HELOC on our ...
Ian S.
Should I get a virtual mailbox for my non-LLC rentals?
Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
Mike Anderson
Pull Equity or Sell a residential to get into Commercial
Ive got roughly 100k equity in my rental property. I want to get into commercial, with hopes of getting more cash flow and longer leases. Im not sure if its smartest to pull the equity using a line of credit, or selli...