I had 4 different roofing companies assess the roof of my long term rental. All but 3 have recommended replacing the roof completely. It already has 2 layers of shingles, needs a cricket for the add-on chimney, new pi...
Hello everyone!I’ve been trying to figure this out lately, but I recently purchased a negatively cash flowing property. Yes, I know - you should never buy a negatively cash flowing property, but I truly believe in the...
This will be my first "quick flip", and my initial thought is that there's not enough profit to justify it many times... but just to get my feet wet, I'm going for it.I'll apologize in advance for not knowing the prop...
I have connections with a lot of investors in my area. I also have connections with a lot of people (qualified young professionals) who are looking to buy their first home. The problem is that I live in a hot market...
Hey BP,I'm ready to jump into my first real estate investment property with the following opportunity described below. Let me know whats the best way to go about it.So my brother will be stationed in the Military in S...
I just got done reading the book titled "The Secret" by Rhonda Byrne. It has changed my life, mind, and made me realize why and how all the events in my life have happened.I am going out today driving for dollars. I W...
I've heard some people manage their own rentals without living near there. My VA does most it for me here in nashville, but the main part I can't crack is the physical items. Who keeps the keys? Who stores the lockbox...
Hello BP folks, I am an event producer turned construction management student that got into the BP podcast during monotonous shifts of painting, sanding, etc., at my previous job. You can only listen to a good music p...
As I'm studying for me RE license, I'm paying close attention to the definitions/reasons for needing a RE license (Or not needing one). Wholesaling does seem to check out so far because, technically, you are not selli...
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...