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2 July 2024 | 18 replies
@Don KonipolSo we have a short term loan with someone and as part of the loan they paid all the interest upfront (12 month loan), loan is maturing and they have extension options (for a fee) - they asked about the extensions and we said it was X amount for the extension and you would also start paying the monthly interest as well.They flipped out and am like what do you mean I have to pay interest ?
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1 July 2024 | 8 replies
Keep in mind BP is a great incubator however there is a lot of Members just starting their journey so you want to make sure your aware of their experience levels.
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30 June 2024 | 4 replies
That's not a good place to start.
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2 July 2024 | 1 reply
Govt loans are for primary residences only - the whole idea of househacking is to use the benefits of a primary residence to get started in investing.
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1 July 2024 | 18 replies
That money is slowly starting to dry up and values are getting soft.
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1 July 2024 | 5 replies
We are starting to sell cabins individually and transition into property management, which will enable us to grow and decrease our workload.
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28 June 2024 | 6 replies
To add the unit you will most likely need to achieve proper fire rating between shared walls/floors/ceilings and have interconnected smoke detectors.
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1 July 2024 | 3 replies
A a basic starting out foundation what is a good percentage of ARV that ii should be looking to offer on properties in the Phoenix (Valley) area.
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1 July 2024 | 1 reply
Not sure which route to take in order to get started with investing in real estate, but I’d like any advice on how to use my equity.
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1 July 2024 | 5 replies
Although I've been appraising properties over 20 years, I'm just getting started as a creative financing investor.