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I completed a Brrr earlier this year. When I refinanced the property to pay back my private money lender the appraisal came it at $105k. My projections and comparables in the neighborhood supported an appraisal at $...
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Hello BP family! I am looking to start owning single family rental properties. I am 34, active duty military with a big family. The plan is to buy our next house outright and rent it out when we move. After a few yea...
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Hello BP community 👋,I'm heading up to Norfolk Virginia sometime in February to report to my new command. I plan on star renlisting as soon as I arrive so I can place myself in a position to buy a house big enough to ...
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Hello Community! I had a couple of quick questions I wanted the Forum's insight and input on, specifically when it comes to hiring contractors to do rehab/project work on your investment homes. 1) Can you (or should y...
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Would there be any considerations regarding depreciation recapture when a syndicated investment is disposed (ex: at 10 years) when purchased via an SDIRA (Self Directed IRA)? Will those investment funds need to be 103...
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Hey everyone,Right now, I am feeling very thankful to have bigger pockets to go to for advice! Thank you in advance for your replies! I am hoping to write an offer today if I choose to go ahead with this purchase.I am...
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Started investing 5 years ago with a single family house in Aurora, CO and about 20K in the stock market. The house cash flowed positive instantly and has increased in value over time. The stock market has flat line...
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I've done my homework and I can now analyze a small multi-family (2-4 units) in a few minutes. I'm working on getting my first deal. That said I'm quite enjoying the BP podcasts where folks just jumped head long into ...
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I have a moral dilemma with the idea of investing in rougher neighborhoods. It seems like the houses there are the only ones that a) are within my price range ($75k-200k) and b) return good cash flow.
I struggle b...
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I've got a seller who is interested in selling his home after he retires in about 3 years. So I pitched him a lease option assignment for which he agreed. I'm doing a walk through next Monday and hope to get him und...