Bab Adetiba
Partner Cash flow split on a MFH
I located a mfh, ran the numbers, and formed the necessary relationships on a MFH 26 unit deal. A partner wants to fully finance the deal. I will not wholesale the deal.As someone who won't put any money down, what sh...
Tony Wooldridge
BP Nation I need your HELP!: How BIG is to BIG for your 1st Rehab
Hello once again BP Nation. I find myself in a position once again to reach out to my MENTOR (BP nation) in the hopes of finding some clarity to guide me in the right direction. I have been contacted by a motivated ...
Matthew Law
Help! Being dragged kicking and screaming into my first wholesale
Hey BP folks!My wife and I are brand new at this. We were laser-focused on executing lease options in the "pretty houses" business in the Maryland-close-to-DC region, mostly because wholesaling just doesn't seem as ap...
Chris L.
Selling tear down. How do determine it's value?
HI there,I am selling a single family teardown that's on a 70x100 corner lot in a town that is mostly two families. Lots of tear downs going on here. The house is on a corner lot with a sidewalk on one side and no sid...
Joseph Duren
VA Loan - Multifamily - Seattle
I'm looking to buy a residential multifamily property in the greater Seattle area using the VA loan. I'm hoping to find something for about a million and go halfsies with someone else (that I have yet to find). The VA...
Account Closed
Ideal rental markets for a beginner.
Hi all,As the title implies, I am looking for advice / opinions as to what areas you would consider ideal for a beginning investor. I am a 26 year old Airline Pilot based in Denver, CO, with about $35K available to us...
Ryan Plesz
How to start in a state with a budget crisis (CT) should i move?
Question for BP Members about what I should Do Now, is my state (CT) dying?Hi BP crew! I'm trying to get started in long term rentals and looking for some opinions, since I live in a declining state?I’ll start with my...
Kevin Van Dyke
Hopefully getting my first rental early 2018.
So I found a four unit apartment building for sale nearby that I really want but I think the asking price is way too high. I’m in Radcliff KY and I found this apartment building on Zillow. The asking price is 275k b...
Tania Reuben
STR Accounting IRS Structure Question
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
Lane Krejcik
For first property have you bought in a state you don't live?
Hey! I'm moving to Colorado next year from Los Angeles, CA. I'm dying to get my first rental property in Colorado and have begun scouting numerous areas to get an idea of markets out there. To those that have been in ...