Jewel B.
Purchasing a Property: The Key to Moving Quickly
Happy Hump Day!I am a new investor looking to acquire my first property as soon as possible (without rushing into a bad deal). I'm wondering what systems, processes, people, or steps I should have in place in order to...
Mike O.
Currently negotiating right now, bit skeptical, any advice!?
I am negotiating my first wholesale deal, the potential end buyer was found indirectly via a Craigslist ad for another property I called on. The other whole saler is asking for a JV agreement. We plan to meet in perso...
Amanda Berg
HELOC as downpayment for first investment
Thoughts on using a HELOC to invest in 1st property rather than using savings?Has anyone done this?I have about 200k in my current house.I have 100k in the stock market making 7%.I was thinking, why not use a HELOC to...
Matthew Gil
QuickBooks and Real Estate Accounting
I have a QuickBooks question pertaining to landlording. As a rule, how are you handling or categorizing the following?:
Cash outs from real estate closings in which the buyer has excess funds left over from a purcha...
James Austin Wiseman
Buying 1st Investment Property With HELOC
Hello everyone! This is my first post on BP. I have listened to 60+ BP podcast, and have been trying to get educated the best way I can. I am a realtor (doing it to learn more about the business) and I work with seve...
Ryan Metcalf
Uses of Loan Proceeds from 1031 Exchange
I am interested in buying a 2 unit commercial property with an SBA loan. I have 1031 Exchange money and my own cash to fund this. In the larger unit I want to open a business and I will lease the smaller unit. Both...
Rachel Chwaszczewski
Tear Down to Total Beauty
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rock Hill.
Purchase price: $50,000
Cash invested: $150,000
Took existing dilapidated quad plex and stripped it down to the...
Jonathan Small
Case Study: Cockroaches to Cash Flow
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $107,600
Case Study: Cockroaches to Cash Flow
Property Acquisition
I found this property thr...
Thomas Madl
Starting(while also starting a family)
Recently married and currently expecting, my wife and I are looking for ways to build the financial independence we need to support our kid(s) outside of the usual 9-5. While this sounds like it will be harder while a...
Denise Grez
First 4 plex in Loveland, Colorado
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Loveland.
Purchase price: $745
Cash invested: $100,000
My husband and I purchased a 4 units with 2 bed 1 bath located in L...