Tyler Walton
Hello BP!!
Hello fellow RE investors!
My name is Tyler Walton and I am from Atlanta,Ga. I'm 25 years old and work customer service at ATL airport and since jan of 14 I have been involved with wholesaling real estate.
Over past...
Christopher Haney
Flipping laws in Virginia
BP,
I heard that Virginia has a law that states that in order to flip a house the owner/investor must hold a contractor license even if they have another contractor running the project. I tried searching Virginia's ...
Haney Mallemat
Estimating expenses on 10+ unit buildings
Hi BP,When you are determining a potential investment property where there are more than 10 units, what % do you use for monthly expenses such as: 1. CapEx2. Maintenance3. Property managementI know these are variable ...
Christen G.
Should they stay or should they go? Inheriting tenants?
What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...
Brandon Roof
The importance of a property's age?
How big of a role does the age of an available property play in your decision making when deciding whether or not to proceed? Where does it fall in importance (i.e. cash flow is more important than age but central ai...
Jay Hinrichs
74% of Millinials surveyed plan to buy a home within 5 years
In our National builders monthly magazine there was an article on the millennial buyers.. It seems many folks think millennials are going to be life long renters.. National builders association survey's say the opposi...
Andrew McManamon
I’m a real estate agent looking to expand my horizon
I’m a real estate agent looking to provide more value for my clients. I’ve never been a person whose been hands-on, I’ve always been business and paperwork minded, but I’m looking to do the nitty gritty of flipping ho...
Account Closed
Condo, Duplex or Triplex and FHA Loans for investing
I would like some guidance here. I’m thinking about getting a duplex or triplex in the next few years to live in and to rent out. I have no experience with rental properties and I’ve lived in apartments for most of my...
Thatcher Glode
house hack question- what do I charge myself?
I have been running some numbers on potential househacks of a duplex or triplex... how do I account for my share of the rent for the unit I will live in when determining the profitability and cash flow of the house ha...
Gerson Mora
Buy and Hold investment
Investment Info:
Single-family residence buy & hold investment in Las Vegas.
Purchase price: $120,000
Cash invested: $10,000
I bought this home in 2012 with FHA loan 3.5 % down. Then had $80000 i...