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Hi BP!
My husband and I are new investors looking in the Philadelphia area. While we initially were looking for turnkey opportunities, the numbers just don’t add up and we are now looking at renovation projects. We...
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Hopefully this will encourage all, specifically the newer investor:My wife and I used to basically live paycheck to paycheck. We decided about 2 years ago that we wanted more opportunities and freedom, which is when a...
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Me and my partner want to do a rehab and wanted to know when applying for a loan do we apply separately or together? Should we go through a bank or the HML route? Also, I spoke with a realtor about finding us a reh...
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I closed on a SFH last week. It's a small new construction. The liability on my H/O's policy is almost 4X the price of the house. Is this sufficient for general liability purposes (someone slipping and falling, etc...
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Well I made my 1st offer over the weekend. This is a bank owned property close to my house. The home has been on the market for about 26 days and it needs a bit of work. I used the 70% rule and subtracted out my...
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I'm setting up a new partnership for the purpose of wholesaling. I want to make sure I'm structuring the business effectively for tax purposes.New Wholesale Business:located in GA (LLCs are easy)2 person partnershipa...
and how would you describe doing an option with the seller?i want to start doing these, but dont know how i would explain this to someone selling the house
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My partner and I started to get into real estate a few months ago. We gained a pretty solid foundation of knowledge through different mentors and meetings. About a month ago, we started looking to put properties under...
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Ever had an "Aha!" moment? I did recently after working with some FSBO's (For Sale By Owners). Overcoming objections and pushing for a close just don't feel right to me. Learning about what others need really gets ...
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Hello BiggerPockets! I'm currently developing a presentation to get financial assistance from a long time friend (basically family). This friend and I have always talked about starting a business together and my recen...