Phillip Smith
Wholesale Deal and finding Tax information
Hi BP,I have a potential motivated seller with home close to University of Houston.2 bedroom 1 bath 800 sfLot: 5000 sfTax Assessor: $55,652 1940sIts hard to pull comps as most homes are larger but the median price in...
Luke H.
Premium for shorter lease?
Happy Holidays from Texas!
New house, totally remodeled, potential tenant is asking for 6 month lease, with month to month after lease ends. I prefer 1,2,or 3 year lease. a) Should I charge more for a shorter lease?...
Shatawni Johnson
Landed a deal but don't know where to begin!
I'm looking for advice, guidance, ANYTHING at this point! I have a potential deal but I'm really nervous to take it. I'm not sure about the numbers or how to properly run them. I don't know where to go or look for con...
Lynn Leigh
Any ideas for how to get this done?
We need creative financing ideas! We’ve been mostly focused on just selling our property, but a property we’ve been interested in for the past year has just come back on the market after falling out of escrow for the ...
Michael Ratcliff
Help my Pre Foreclosure Deal!!!
Hi My name is Mike. I'm a New investor in the Atlanta and surrounding areas. I had a owner who has called me from a probate lead. The previous owner was a flight attendant and was barely home so the property is in Exc...
Fred C.
Finishing basement before rental?
Hi BP, wanted to gather your thoughts on what return you'd require on capital used to finish a basement. We'll be doing the majority of it ourselves, and a conservative estimate is $15k with about 20% margin for 750 ...
Gordon Yu
First time investing in a multi-family house
Hi all, This is my first post here and this is the first time my wife and I are investing in a multi-family house. Sorry for the newbie questions:1. Investment Thesis: My wife and I own a small e-commerce store. It co...
Jordan A.
Coming into 400-650k profit. Where to invest?
Selling a property this month.Currently renting for 8k, mortgage is $4500. Profit of about $3500 monthly but selling due to market and some personal issues.profit will be 400-650k pre tax (if I do 1031 exchange). tryi...
Brendan Quinn
first BRRRR attempt on the way could use advice
hi everyone my name is Brendan and i'm considering my first BRRRR. I think I can use a cash offer,and do the rehab with a low enough cost that i should be able to refinance and get everything back, so far i hav...
Joseph Niedermeyer
Newbie question on personal income and rental income deductions
Long time lover of real estate but relative newbie to investing. It’s tax Season and in doing our 2019 taxes I asked about strategies for reducing taxes. I made just shy of $100k last year and want to start investing ...