25 November 2020 | 5 replies
What blog posts and Forum posts to get a basics then depending on your path, what information you should know or is it simply get the book on flipping, wholesaling, BRRRR, etc?
29 May 2020 | 17 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
8 February 2020 | 6 replies
We simply facilitated everything for him And helped by being boots on the ground for him.
7 February 2020 | 7 replies
I've read and heard first hand how people pay 3-5 figure ticket prices for courses/seminars that teach them less than they can learn right here on BP... for free, as you mentioned.All in all, I'm sure it was eye opening for you to see how much you can learn and do on your own by simply applying yourself.I know BP will continue to add value to you!
8 February 2020 | 11 replies
I'm simply stating the fact that your position is biased by definition, and that can very well backfire.
8 February 2020 | 3 replies
Anything less, and it's simply a bad deal.Good luck.
9 February 2020 | 4 replies
If you want to simply house hack, you don't need the credibility of others.
7 February 2020 | 6 replies
You are simply changing circumstances of ownership.You definitely do not want to become part of the 1031 as that is prior to the exchange and the IRS has demonstrated they don't like that.
27 February 2020 | 8 replies
(Golden's great too, but pricier too.)Not sure how far down the rabbit hole you want to go, but you could also look for a place with some kind of separate basement for that first place and then do a modified house-hack to offset your mortgage while you're there.
10 February 2020 | 9 replies
We'd easily be in the hole by now just based on the tiling and drywall work alone.Hoping for some advice / shared stories...I'm paranoid to do anything with this house now, it feels like this inspector is on a bit of a witch hunt!