Parker Grissom
What to do with a sizeable inheritance?
Hello BP Family, My name is Parker Grissom and I new to BP. First, just a little back ground on me before we dive in. My brother and I lost our Mom to cancer in October of 2014. Our Mom was an amazing person. We could...
Bryan L.
Negative Cash Flow
Just wondering. How many of you out there have rental properties (or had rental properties) with negative cash-flow? I do. And I see so many newbies on here with a goal to be a buy-and-hold investor and I think ...
Shonda Williams
Starting a eviction...
Hello everyone!The lease says rent is due on the 1st and late after that, there is a grace period of 5 days before we add on $50 late fee.I have a tenant who moved into the rental in November. Since then she has been ...
Ramon Pena Alvarado
REO wholesaling
Hello
When making an offer on a REO with the intention of wholesaling, is the ernest money check ever cashed and is the time alloted for your sale to another investor the 21 days till your inspection? After the inspec...
Ed Perez
Carpet or woodfloor for rentals?
Hello, I just evicted my tenants who stayed in my property for only 11 months. Unfortunately, they left my property with damaged carpet, holes on the walls, in additional to leaving behind their filthy belongings. N...
Nicholas Z.
What are the downsides of mortgage note investing?
I've been researching mortgage note investing, and from everything I've read, it seems like a great way to invest in real estate. However, I've not seen much about how mortgage note investing can go bad. According to ...
Carl Todd
Flopping flip
Hello BP community,I,m Carl Todd in a flip thats flopped.This post is really hard to do after reading so many success stories here. I'm a newbie investor in my 1st flip, and I'm running out of options and losing money...
Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Seth Kristian
City just stripped my STR license!
Im hoping to find a solution, so I’m hoping by putting this out there that i might have some luck with some of you more seasoned STR/Real Estate aficionados… After hosting exclusively with Airbnb for the last few year...
Christopher R.
One LLC or Many LLCs?
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...