Deborah Walleman
Help - want to buy old mobile home or do I?
15 February 2015 | 14 replies
I've established sources of used but good quality supplies in my area.
Derrick Strope
New Member Intro: Derrick Strope, Seattle WA
21 February 2015 | 10 replies
I have attended my first REIA class a couple weeks ago, which was all directed towards wholesaling, had a great time and look forward to attending more.Anyways, just a quick hello - thanks to the BP community and the BP podcasts as they have already helped me establish a path forward.Cheers!
Udaya P.
?Turnkey rental properties with positive cash flow ?
9 June 2017 | 14 replies
In fact, it often takes 2-3 years just to get a working system established internally.
Danny Di
Creative Selling Strategies - Pre Construction Condo - Toronto
4 March 2015 | 6 replies
I was just in Saint John the other day to look at an apartment building.I agree that TO has the annual immigration, but what percentage of those folks are in a position to purchase a condominium with cash (as immigrants normally cannot access credit until they are are established).I think you are wise to want to sell your units and @Jennifer Tan has some good ideas to help you unload them.
Mary Joe
am I allowed to accept a tenant who PREPAY several months in advance?
20 February 2015 | 10 replies
Hi AllI have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month in advance for a 1 year lease.
Bily Elliott
Financing after a bankruptcy and foreclosure
13 December 2016 | 1 reply
The only way I can borrow from my 401K is to purchase a primary residence (also other hardships, medical, school and such), I cant borrow to invest.
Edwin Duran
Just Moved From NYC To Orlando, Florida :)
18 February 2015 | 1 reply
It's definitely worth waiting to get your financing until AFTER you've started your new job though, otherwise you could be getting into a deal that you will regret and be trying to re-fi later on.My wife and I made the move from Charlotte last year, and we just decided to hole up somewhere cheap while we got income established etc.. but it can't hurt to try to get financed..
Brent Mattison
IRA to fund LLC
25 February 2015 | 25 replies
Contribute, Invest to grow the account and use the funds for related Health Care events until the age of 65.The HSA contributions can grow tax deferred and are in addition to your IRA Annual Contribution LimitsHSAs can invest in Real Estate, precious metals, notes, public/private stock and moreTax Free distributions for Qualified Medical Expenses (QMEs)Age 65 starts standard distributions (just like a regular retirement account for the most part) subject only to income tax, no penalties.Disclosure: I am NOT an Attorney, CPA, Accountant, Estate Planner or any other related Professional and Individuals should ALWAYS seek out the advise of licensed professionals in the related areas of expertise prior to embarking upon any endeavor.
Brian Snell
Am I the Buyer or an Investor????
18 February 2015 | 4 replies
It could've been medical bills or even a short sale 3 to 5 years ago.The kind of home buyers I don't like are those are people that do not like to pay their bills in general and they're not going to be a good rent to own client for me.Another kind of buyer for lease purchase I don't like are arrogant people that think the world owes them something, there is an arrogance or self-importance to them, they think the laws don't apply to them.So find the right attitude for the buyer to work in tandem with the sellers is important.Here's marketing ideas for buyers and sellers.Marketing for sellersI like expired leads, listed houses with other agents, FSBOs, landlords, and other wholesalers.Expireds are the best lead, they want to sell today, so go knock on their door and give them a free report on lease to own.Listed houses that are long on days on the market (long DOM) are also terrific but if you're licensed you're interfering with the listing so be careful.
Zachary Phelan
Creative finance with 50k equity and $400 a month cash flow Alabama
24 February 2015 | 9 replies
Seller needs some equity to pay medical bills.