Hi everyone, been listening to the BP podcasts for a while now and finally decided to setup an account and start getting involved on the forums. A little about me: Just turned 31, live in Los Angeles working as a Dire...
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...
Looking to form an LLC with a partner to begin our real estate investing business. Any comments on how much this costs to start/maintain, and where to go to get set up? There are obviously online sites that claim to...
I am happy to report that the final numbers are in from our first TWO successful BRRRR's (Buy-Rehab-Rent-Refinance-Repeat).Who says lightning doesn't strike twice? These were two half-houses (left and right side of a ...
I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
Current Economic Landscape
The general economic sentiment is bearish. Record high inflation drove the Federal Reserve to significantly raise interest rates, making the relative purchasing power of the average America...
Hey BP Community!I've been working diligently to make a deal these days. I've sent out as many letters as my marketing budget can handle, and I've actually gotten a great response rate. Many of those who have called, ...
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Hi folks! @Shane Pearlmanand I are working on structuring a partnership for a commercial investment (We aren't sure yet if we'll invest in California, Minnesota, or Washington).I have a short sale on my record so I li...
I have been looking at homes that are at just 25 percent of their 2004-2006 sale prices and are now 100k and under. I only have 20k in ready cash and am looking at 20 percent down.
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