Percy Greyson
How to write off material cost for spec home builds
I am not sure which Forum Category to place this, please move it if needed!Preface: I am in the midwest. Our median income is in the 45 to 50k range. So in terms of numbers I am far from talking about million dollar ...
Mikaeel Abdulwakil
Property with owner deceased for 2yrs, kids don’t want
I found a property while driving for dollars, I’m in Northeastern FL. Property is in terrible disarray. Skip traces the owner he has been dead for 2 years. Contacted his children, they want nothing to do with property...
Dan Simpson
Dilemma... what to do?
So I bought a fixer house for $40k and got a loan from the bank for $51k for the purchase price and fix up costs. I have about 57k total in the house. One of the folks I had working on the house has a daughter who wan...
Account Closed
Already a homeowner...so how do I start buying properties?
Hi BP nation!My name is April from Cleveland, Ohio and I have had a passion for real estate investing for years. Now 34, it's time to get started and I am so happy I found you all! I am in the learning stages, but so ...
Adam Soyak
Business is new but growing and friends and family want to invest
Currently, I own some rentals, 2 SF homes, 1 two-flat, and an additional BRRRR closing next month. I have flipped 4 homes as well. These properties are all in my personal name, and will be under an umbrella policy v...
Bo A Vanecko
Insurance vs Deposit on STRs? how to collect replacement fees
So i was speaking to some people who are doing STR in our complex and they were stating that they offer up insurance or deposit (they actually ask for 1500 deposit which seems high). this got me thinking a bit about ...
Lance Lewton
WHAT WOULD YOU DO???
WW-YOU-D?You’re 41Live in South HoustonMarried with 8 & 9 y/o boys. Work shift work at a chemical refinery making ~$120k/year. Started a side Business that will Allow you to quit refinery job after a year or two. ...
Daniel Barron
New Member
Hi, my names Dan just wanted to take a minute and introduce myself on the forum. I'm 22 graduated with an associates degree in business, hoping to get some advice and learn a thing or two to build a business in re...
Mark Greenawalt
Purchase and sales agreement
Hi all, I am located in bucks county PA ( outside philadelphia) I am starting my journey in wholesaling. I want to have a legit purchase and sales agreement and assignment contracts. I printed out some I found online ...
Shawn Drumgo
Closing on a lot and new construction loan for a client
Hello,We have several buyers for a mini subdivision. What's the process, tips or recommendation for having the buyers close on the lot and the new construction loan simultaneously (single close)?Will we need 2 separat...