Phil Leighton
First Home Flip Ready!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $212,000
Cash invested: $13,000
Sale price: $275,000
First flip bought in May of 2018, this was a lived in flip...
Adam Kayne
Can you still cash flow at 3% down?
Hi everyone!I am a first time homebuyer and recently qualified for a 3% down conventional loan to use for a house hack. My plan is to eventually turn into a rental after a couple of years and hold for at least 10 year...
Christopher Freeman
What Happens to Cost Basis if you Inherit a Seller Financed Note?
I'm wondering what the tax implications are for the heirs of a seller who dies while carrying the note on a seller financed deal.For example, suppose a seller has a fully depreciated asset with a $50k cost basis from ...
Sam Lanzino
Exploring short term rental vacation markets
My wife and I exploring the option of an investment in an STR. Have listened to some podcasts / videos and have started exploring some markets. We are exploring markets that we know and have been to: Orlando, Deep Cr...
David K.
Philadelphia investing long-term
Hello BP community. You are the best!I am looking to buy+hold in Philly. Do you recommend to buy in vicinity of 100K in a so-so area where the profit margins are greater but the risks are bigger too or maybe move into...
Jules Semanchuk
Hardwood vs. Click Strand Bamboo Flooring
Hello,I've recently purchased my first home. It's a four bedroom townhouse located downtown in Charleston, SC. The lower level is a concrete slab and the upper level is a plywood base floor. We are considering putt...
Robert Hernandez
Closing in a week how does this deal look? Quadplex.
Hello BP!
I am closing in my First deal week and as such I am very nervous whether or not its a good deal. The unit is old ~40 years old with old HVAC 3/4 are about 13 year old and one is about 8 years old. Roof abou...
Wilson Lee
Investment Strategy, Reality Check
Investment Strategy of a Broke GuyIntro: I would like a "reality check" on how actionable my investment strategy is. All direction, incite, or alternatives are very welcome. I have already read a good number of guid...
Joseph Harper
Do we LLC if wife is going for RE license?
So my wife and I were brainstorming thinking about how we want to establish our presence in this market and ran across an interesting predicament. She is looking to attend a class and get her license for real estate a...
Vanessa Ryder
Section 8 Investment Properties?
For all you Landlords out there..
What are your thoughts on Section 8 properties?!
I had a friend that had a building with section 8 tenants and he loved the stability of the rent coming in.. but sure there is lots ...