Alida D.
Out of towners
Hello everyone!
I'm new here. I am also a new investor TRYING to get my first deal! I have been advertising in the classified section of the newspaper, I have done one direct mail drop, bandit signs every friday aft...
Stephen N.
Just don't understand wholesaling
1. If a deal is really a good deal why would you want to wholesale it to someone else? It just doesn't make sense me.
2. I hear about people who wholesale REO's. How is this possible? Why wouldn't investors who bu...
Stacey Everett
What is the note investor looking for when purchasing an owner-finance note
I have a deal that I am working on. I am fairly new to OF deals. I own the SFR outright. I am selling the property for $125k. The buyers are putting $5k down and financing $120k. since I am fairly new to RE investing,...
Robert B.
Question for Licensed Brokers.....
Generally speaking, are Licensed Brokers open to having a new/aspiring REA work under their umbrella if the REA's intent was to solely focus on his or her own RE portfolio?
Marvin Meng
First hard money loan
Hello all! I just finished my first serious rehab. It wound up being a lot more complicated, expensive and time-consuming than I expected but it's finally done. I've kept meticulous notes and all receipts. Had this be...
Mike M.
How to deduct labor expense with no EIN?
So the majority of all of the contractors or people I hire to help at my rental I pay in cash because they don’t accept credit card or check and they don’t have an EIN. Another example is cleaning ladies and or painte...
Nick Aquiningoc
Newbie in Virginia Beach, VA
Hello BP Community!BackgroundI'm a recently separated Navy veteran currently working in the IT industry here in Hampton Roads, Virginia. I'm originally born and raised on Guam (proud Chamorro!) and enlisted in the Nav...
Marquelle Smith
Getting Into Wholesaling As A Newbie
I am just starting out. No previous investing or over the shoulder training. I was wondering, what steps I would need to take to get into wholesaling? I understand the general idea, but it seems a little too easy, whi...
Kalvin Wilburn
Which one first: Make the offer or apply for hard money loan?
I'm eyeing a single family home listed for $385k and appraised for $510k in 2019. I plan to acquire the property, rehab, refi and occupy as my primary residence for three years and then rent (military). Do I submit ...
John Walter
Are We Entering A Global Economic Recession?
There is no doubt we are living in unprecedented times. COVID-19 has undoubtedly thrown a curveball in all of our plans, at least in one way or another. My question is, are we in the beginning of another major economi...