When flipping homes, would you rather do a light to moderate rehab and see a quick profit or do you do a longer more extensive rehab to see maximum profit?
Both businesses are non-passive businesses:
In your opinion, if you had to decide between starting a brokerage or a flipping business which would you choose? A brokerage would need to constantly lead generate for ne...
Hey everyone,I am currently under contract with a seller for $50k cash as a long term investment. It rents for $900/mo but will need a lot of work in the future. It is definitely livable (hence the renter) and in goo...
Hey guys and gals. New BP member from Mississippi here. In my area (Rankin/Hinds county) all homes are sitting on Yazoo clay and virtually every "deal" I come across will require foundational repairs in some capacity....
I recently got approved for two loans totaling $48k. I was thinking of using about $30k to pay off my car loan, credit cards, renovate current home (putting up for rent next year) . Then I would use the rest to try an...
Looking for advice/strategy from like-minded, anti-risk, I want to maximize cash flow type folks. I'm 43. Wife and I are maxing out retirement accounts. Everything going through my mind is around securing our income d...
If you were to pick up a small building with a few residential units and a nice sized commercial store front on the first floor how would you handle getting that store front ready to rent? What is the most common prac...
Hi,My offer on this short sale property got accepted by the bank 3 days ago. Got the inspection and house is in good condition in general. I'm under 10 day- due diligence period. I met 2 contractors so far and they're...
So, the day has come to finally figure out how much your rental property income will affect your child support payment. You won’t be surprised that many states consider that pretty penny a critical component when calc...
I recently purchased my first rental property in August of this year. I created a detailed spreadsheet to track all income & expenses. I'm curious if there are any resources I can be pointed toward to help in calc...