Jocelyn Borg
Wholesaling for deal flow
Hello, BP collective!I'd love to hear your thoughts on my moral quandary here:After researching quite a bit on wholesaling, I am really on the fence about going forward with it. It is fraught with ethical grey areas a...
Bruce C.
Hold cash or invest?
I'm still new to BP and would love to hear from some investors on this topic. I'm curious where others stand on holding cash now or investing, particularly in California and Sacramento, where I live. The financial mar...
Mitchell Rusten
ELI5, why do people put profits into a 1031 vs a tax write off
Simply put, why do real estate investors need to put their profits on something like a flip into a 1031 exchange rather than simply putting the profits into a new property and writing off the acquisition like a normal...
NA Beauvais
What detrmines your RE strategy?
What would you say determines your real estate strategy? Is it your market or your market conditions? For example here in Florida prices may have gone up but foreclosures are still in abundance. When prices are goin...
Cory Lucas
Am I being sold snake oil?
So I met with a gentleman yesterday who is an Executive and Business Coach. I sought him out after attending a local REIA meetup. He was of course incredibly convincing, has mastermind meetups, and seemed very genuine...
Shaidah K.
What would you do if your home quadrupled in value?
In 2005, we bought our home for $420,000 (Richmond BC). In 2016, we had an offer from a developer for $1.25M which we turned down because it was too sudden and we were buying our second income property. With that am...
Riley Place
$1,276,000 Portfolio Sold - $76,000 Commission - BP found Deal
Hello BP Members,Today we will share a shortened "Case Study" of a deal recently closed worth 1.2 Million, netting a $76,000 Commission Check. While the BP podcast and website are great sources of information, they ne...
Gillian Scott
Should I sell or rent?
Hi everyone, my name is Gillian - just turned 27 and I work in the architectural field, but looking to also move into real estate investing. I'm pretty much as green as they come, so I'm looking for some advice. I hav...
Darius Ogloza
Jefferson Park 3 Unit Building
I am administering my late mother's estate, which includes a small multi-unit building (two 3/2 flats + a 2/1 basement unit) that is about 2-3 blocks from the Jefferson Park train station. I live out of state and hav...
Courtney Downtain
HELOC question. Just curious!
Hi BP team
Question- this is just hypothetical, What happens if you take out a home equity line of credit on your home that you have $40,000 worth of equity in, in order to use for a down payment on a second home, an...