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Ok, so relatively new to the realm, but am taking on the education of my life with the help of this site. So what I am looking at is I have a colleague who is a Realtor. We talked about forming a LLLP in which she w...
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How many of you experienced investors use a coach or a "board of directors". I've been doing this successfully for a while now, but wouldn't mind having someone to bounce ideas off of, and to help hold me accounta...
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Hello everyone. I am a new member to the bp website as well as an inspiring real estate investor. I am a father of three, married and a full time employee of a manufacturing plant in my area. I dream of financial inde...
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Hello everyone,my name is Mark from Southfield, MI. I'm in my early 40s and I'm totally new to real estate investing, but I'm trying to learn everything I can about multi-family buy and hold to create passive income. ...
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Need some help analyzing a financial statement for an apartment complex. Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI). In this...
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Have been a situational investor ( purchased 7 personal residences, inherited a house, and purchased a rental for all the wrong reasons) for the last 28 years. Started as an Industrial Engineer with an MBA until a dow...
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My father in law passed away recently and my mother in law keeps getting direct mail offers to buy the house. Specifically stating “sorry for your loss” Is this acceptable??? I love real estate and creative sourcing, ...
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Hello everyone! My name is Isabel, and I currently live in Wilmington, NC. I am a recent graduate from UNCW in Exercise Science with plans to continue to graduate school to secure a career that is a bit more recession...
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So I purchased a home pre covid that was going to be a full rehab . Purchase price of 68k. Rehab costs 50k. Let’s call it 130k all in. Just received an offer on my home for 260k. That’s 130k profit . Without including...
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There are different reason to invest. While most people invest for the highest ROI as possible while balancing and trying to minimize as much risk as possible, there are also other reasons to invest. Some people inves...