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Hi,I'm looking for some advice on how to create the right strategy for a creative financing project:The basics:The seller wants to continue living in his house. Purchase price is 500K. Rental income is about 4800/mont...
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I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...
I am looking for the guys who live and breathe this business with ACTUAL notches on their belts, rather than just completing the latest and greatest seminar (no offense, as I am a rookie too) to evaluate my proposed r...
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Based on 45 years in real estate, I’ve experienced these types and I believe they are the biggest time suckers to be avoided as quickly as possible
Types of Customers to Avoid1. The customer who places no monetary v...
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Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...
i am evaluating a multi-family investment opportunity in Houston. The financials make sense. What other key factors should I look into?
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Hey BP Community:
I'm about to purchase my first rental property (will start offering mid-April when all my financing, cash reserve, and 2nd reserve source--i.e. heloc is in place). Finalizing my plan of action and ...
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I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...
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HI Everyone...Just joined BP - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...
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Some deals are better than others. And some deals sting for a long time afterwards. Although I learn something on just about every single deal we do, usually the ‘stings’ come with a lot of education, so I’m here to p...