George P.
How do you overcome this obstacle when wholesaling a property?
Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
Erik Allahverdian
Wholesaling Possible as a Real Estate Agent?
Much knowledge being dropped by the top tier investors and savy beginners on here.Much respect. As a an upcoming real estate agent in Houston, Texas, does anyone know the ins and outs of wholesaling while being licens...
Jimmy H.
Intentionally Paying More Taxes?
I had a funny thought pop into my head as I began to prepare for the upcoming tax season: should I intentionally pay more taxes (by not taking all deductions/credits claimable) so as to be able to leverage that income...
Jean Bolger
First out of state deal, first 1031 exchange, first larger multifamily, oh- and first auction- all in one!
well, this has been an exciting time! I sold my triplex in Denver that I have owned for about 12 years (which, btw, I never would have bought if I knew then what I know now, thanks to BP...) I was trying to maximi...
David P.
if You Had $1 Million to Invest Today
Plenty of buying and selling still going on these days, so thought I'd pose the question to the community given where we're at in the cycle.Would you diversify the property types in your portfolio (multi family, condo...
Michelle T.
Bank wont allow my LLC to have a mortgage
Hi All!
Looking for some guidance/advice please. I would like to purchase rentals. I've set up an LLC and then went to the bank to talk about my plan and see what finance options I have. The bank tells me they won...
Matt R.
Initial Cash Flow vs Long Term Cash Flow - The real truth
I have been reading some featured BP bloggers as there is always more stuff to learn in REI it seems. I noticed some real big misconceptions or errors for some expert bp bloggers. Without naming names, I just wanted ...
Caleb Brown
How to make decisions on design?
I just put in an offer on a house that I plan to live in and flip over 2 years. However, the house was in the middle of a "rehab" when the owner lost his job...and so parts of the house are torn apart. If I win on thi...
Jay Chen
Is a heavy discount on a NPN usually a red flag? Why would it be so cheap?
I have learned a lot from this forum and think I am finally close to ready to buy my first note, but have some remaining concerns to address. Thanks for providing a great resource, hope you guys don't mind a few quest...
Boaz Rozen
Investing in Baltimore
hi everybody As a real estate investor I am looking for properties in Baltimore. I am looking for properties to improve and sell them afterwards.I would be happy to get an opinion on which areas to buy and invest in, ...