Brian Huber
Putting only an option on a property? Pros and Cons?
Hi, I've come across a few properties where there MIGHT be some potential. I didn't want to put it under contract because I wasn't sure if it was a viable deal until I spoke to an inspector and/or realtor to help me ...
John Byrne
Home inspection before putting in a bid on HUD home?
Hi All, I have a property in mind that I feel is a good candidate for a flip. The house is a foreclosure in my area and needs quite a bit of work, which is exactly what I am looking for, but I am not sure how extensiv...
Nick Versetto
Feeling I got screwed on deal I was putting together
shame on me for not putting the properties under contract. I was trying to quadruple check everything and learned a very expensive lesson. I was shopping a lender to see if they'd find the deal before I submitted an ...
Antonio Esquivel
Create a property management company, put it on the lease
I'm sure other investors run into this problem as well...I was going to create an LLC a couple months ago until I found 99% of banks wont lend to LLC, great. So I purchased my 2nd rental under my name again. And even ...
Bobby Thompson
Helping a family member without putting yourself at financial risk
Hey Bp! Need a little help. I grew up in a working class town in southern Massachusetts. It wasn't a terrible location during the late 90's to early 00's but the job market isn't as good as it once was and the ar...
Alex K.
Hiring an appraiser right after I put in an offer
I found a 1.15 percent rule multifamily 4 units . Since comps determine the price I would like to hire an appraiser asap. What are some things you wish you knew before buying your first 4 unit. Inspections have yet ...
Ben Newidouski
Better to put more down and get less right off
I am trying to buy a duplex in California for $330k and was wanting advise on whether or not to put 20% or 25% down. I have roughly $130k cash. If I was to put 20% down I would get a rate of ~7.5% payment with tax and...
Asa Ifill
PUTTING ALL YOUR TRUST IN TENANTS FOR THE BRRRR METHOD
Hello BP Team! I’m a newly REI looking for all the criticism I can get! Please help me change my mind about this. I have been reading/watching a lot of content on the BRRRR method. I’ve recently bought the BRRRR book ...
Scott Passman
Ideas for best way to put door on pole barn
I recently acquired a property that has a structurally sound pole barn in the back. Looking to rent it out as storage for additional income, but I need to secure it with doors first so it can be locked. The height si...
Mark Beekman
Solo Roth 401k Contribution - Need to Put in My Taxes?
I just started a self-directed Solo 401k in 2010 and made a Roth contribution for that year. Is there a place that I need to note my contribution on my taxes? Or, since the Roth contribution is taxed upfront, do I not...