Hey BP! I have spent a lot of time studying the real estate world, but I am still lacking in the rest of personal finance knowledge. I have decided to only focus on the BRRRR strategy moving forward, so I am saving up...
Landlord for SFH in Hayward, CA. Tenants have been relatively communicative about their financial hardships during COVID-19 and over the last several months we have worked together to keep them in the home and even re...
I'm in the process of acquiring my first STR and am hoping to using 2nd home financing for the deal. What I am running into is, the lenders that I have been working with are stating that I need to purchase the proper...
Hello, I'm new to the investing game and I'm an big fan of BP. I'm going to give as much information as possible, but also cut a long story very short. My father will be given his pension when he turns 70 1/2 in a ...
I’m currently reading “What Every Real Estate Investor Needs to Know About Cash Flow...” and just finished the section about the relationship between IRR & NPV.
I don’t feel I have a good grasp on this concept a...
Asking for a friend. He is 54 years old and inherited approximately $550k net of taxes. The balance of his home mortgage is $550k with 6.5% APR. Would like to know which one you would choose and why(goal is to earn ...
Hello there! We’re at an awkward stage in our careers. What would you do if you were in our shoes?- married 4 yrs - we have $58k in cash- we owe $77k in student loans (4%)- we both graduate with law degrees in May- we...
Hi BP,I am looking to invest in cryptocurrency using my Solo 401K, and registered for an institutional account (via LLC owned by Solo 401K) with a few exchanges. It has been several months since doing so, and my accou...
Hello all. Next year I want to begin the process of buying my first multifamily unit, which I want to live in one unit. But all my money is in IRA's and other money funds, and I think I'm going to need to tap into tho...
Hey guys, we started the process of getting a HML back on Oct 29th. They said our property was good and they accepted it. We moved forward with all the docs needed. To even do the app there was a $200 fee (that I’d ge...