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First-time Investor: Out of State (unseen)
Hi BP community,
I have been looking at properties within the $20,000-$30,000 range in Cleveland to do a flip. Alternatively, to rehab then STR or MTR. I prefer a flip first to make $ to do my first buy and hold. I ...
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Finding a Deal Before Cash Buyers
Has anyone wholesaled a deal but just found the deal first without first finding cash buyers. I want to know, isn't a great deal a great deal. I hear so many people saying build your list, build your list, but I find ...
Jack Willis
Social Networking Off the Network
Hi AllMany people have decided to live without social media and to forgo the whole enterprise (myself included). Unfortunately, this means missing out on a robust set of tools. I'm interested in how folks in the BP co...
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Should I become a Real estate Agent ?
Hello BP, my question is should I become a licensed real estate agent? I've heard this will give me a competitive advantage. I do not want to be a realtor, full time at least. I have a good job, and I am going back to...
Andrew Flora
How to know if a lending company is legit
I have recently came across a “direct private lender” that claims to be from a company named Inclusive Properties. The website is very basic with not much info or content. I inquired and set up a phone call, after s...
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I'm really confused with the whole self directed IRA/Solo K
I've been doing some reading online, and I'm really confused with the whole checkbook writing Solo 401K. I thought I read it somewhere that you can transfer your Roth IRA to a checkbook writing Solo 401K (I don't reme...
Paul J.
Buildium ups prices by over 50% for little-guys - so, tell us what you're using and why?
I just got a note telling me my monthly cost for Buildium's services will climb from $25 to $40 a month. This is significant to me since, I only have 3 units to begin with and I will be paying as much as if I had the...
Nuhan Demirkan
Accounting
Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
Tip Lee
How to self manage accounting/ balancing the books for 23 units
Hi everyone,Just looking for some advice on how to manage finances. We are set to be closing on a deal that would put us at 23 units total spread across 3 properties that we are self managing. We will be using Cozy fo...
Antonio Waller
What Tools Do You Use For Market Research
Hello All,What tools do you guys use when researching/analyzing a potential market?