Benjamin Shaw
Our first unconventional small success in real estate.
This is not the typical success story since my wife and I are just starting out and have still not found our first deal. We are reading the books, listening to BP podcasts, going to REIA meetings, and browsing the BP ...
Vincent Plant
Brand New Landlord looking for advice.
I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...
Daren Judd
Should you pay for a mentor starting out?
Hello,When you investors started out, how many of you used a mentor?How did you establish that relationship? Paid for their program they were selling at an REI club meeting? Split a deal?Did you feel it was worth it?T...
Indre P.
Hi! New to investing and to BP community, interested in Florida
Hello BP community!My name is Indre and together with my husband we are excited to start our new careers in real estate investing. We are considered to be newbies in this field. However, with some exceptions, like own...
Dee Flournoy
THANK GOD the Plan Was Set and the Foundation Was Laid!
Investment Info:
Single-family residence fix & flip investment in Chicago.
Purchase price: $76,000
Cash invested: $29,000
Sale price: $228,000
My first flip that by the GRACE of GOD! Attenti...
Brian T. Grooms
Financing for STRs/Vacation Rentals
Does anyone know of lenders that specialize in Short Term Rental financing? I know there cannot be many out there. Obviously you could use conventional and convert a property to an STR. But there are mortgage due on s...
Joseph Haraszko
Using DSCR or bridge loans instead of hard money.
Hi, I have flipped several properties over the last 5 years and held on to several. For my next flip, a friend mentioned using DSCR first, then if dscr not available, a bridge. Hard money has not required me to put an...
Stella Guan
Non QM Loan for Newly Self Employed
Hi, I'm newly self-employed (~6 months) after resigning my W2 job and starting a business. Been trying to purchase a single family home in California as primary residence. Due to Covid, most non-QM programs have dried...
Zak Dolak
Intro - Just starting out
Hi, my name is Zak Dolak, I am a beginner investor. Ireside in SE Pennsylvania and would like my first investment property to be local to the area. I have yet to make my first deal but very eager to get my feet wet. A...
Charles Johnson
Renting to Section 8 Tenants
Just curious how many of you offer up your property to section 8 tenants? If so, what has your experience been with tenants? Has getting paid been an issue? Does the process of allowing Section 8 tenants require a...