Shiloh Lundahl
Is BUYING in a GOOD SCHOOL DISTRICT even that important anymore?
The reason for this post is because I often read other investors post about looking for a property in an area where they have good schools. We did that. We bought a home in Burbank, California, a very expensive suburb...
Nadir M.
Am I charging too much?
Recently closed on a house and just listed for rent. Been listed for rent for four days now and only had one application. Applicant credit score too low so decided to pass. We are approaching the Winter season and it’...
Kumar Chin
How to bypass Dodd-Frank? Lets discuss options. Anyone?
I have been doing a lot of research regarding the Dodd Frank act. I have a couple of ideas that might help avoid legal issues with Dodd Frank. I spoke with my attorney yesterday and he said on one knows if rent to own...
Dee Xixi
How to deal with a loan broker that steal your money
I have a broker that steal my broker fees and didn't perform on the loan. worst i borrow the money from another investor. what is my options legally? also tax wise can i claim a lost? I am still paying interest and...
Carolyn Morales
Can I ask the bank if i can buy my own note?
Can I buy my own mortgage note from the bank for pennies on the dollar? it can not hurt to ask, right?
Scott MacComb
Contract with general contractor on house flip
I am doing my first true house flip (have remodeled plenty of houses for rental) and am trying to figure out a contract to use with a new general contractor whom I have not worked with previously. After hearing about...
Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Ken Nyczaj
Yearly costs for CPA's
My team and I just met with a CPA firm and were quoted $280/ month for year 2019. This is to handle our salary, distribution, and monthly books. We have elected to be taxed as an S-Corp.Just curious if this is reasona...
Patrick Philip
What is the quickest you can make a closing?
Realistically, how fast can a closing be? I know it usually needs to go through inspection, appraisal, and loan approval.What are the realistically fastest time frames for getting this done as fast as possible?
Sean Starkey
Refi primary residence for investment for payment
How many out there have refinanced their primary residence to get a down payment for their investment property? We have had our house since January of 2021. Homes around us are selling for low 900s and we have 647k re...