Don Nelson
Model for using investor funds
Hello BP crowd, and thank you for your help. I have access to roughly $500K private money that I've used for flipping in the past at higher interest rates. I'm considering using that money on longer terms for a buy/...
Aaron Schwartz
Real Estate Assessments Correlation to Actual Price
Hi Gang,Are there any rules of thumb or general correlation between a tax assessors assessment and a sellers asking price? I looked at a house that was asking high 400's and the assessment was high 300's. Aside from t...
Shane Brown
looking into homes listed for auction
Why do I not here more about people buying from auctions in order to get a property cheap to buy and hold, for fix and flip? I'm looking at some of the starting bid amounts and the numbers are very low, obviously they...
Joe Conklin
License Advice
So I currently hold a full time job and am debating pursuing a RE license. I believe that having a license will allow me to act quicker on deals within my market. Also, showing myself houses will be a huge benefit w...
Pete Frederick
Are 30 year or 15 year mortgages better?
We bought a single family property 16 years ago and another 15 years ago using 30 year mortgages. We paid too much for them and rented to the wrong people in the beginning...and lost a lot of money. The last 5 years...
Bill Fleener
Chicagoland Market Questions- First Time Multi-Family Investors
We are just finalizing our company LLC and are starting the process of hopefully purchasing many multi-family properties in the next few years..... We have some questions that we were hoping someone that is familiar w...
Ody Orad
First Time Home Buyer - Does a new cc affect mortgage application?
Quick question as a first time home buyer, I currently applied for a new credit card and I am looking to buy a house very soon (within the next 3 months). Before this new CC, I had a credit score over 700, will this ...
Charles Stanback
What factors affect the multifamily market the most, and how?
I’ve been doing a lot of research about the multIfamily market in my local area (Fort Worth, Texas). After listening to the BP podcast with Michael Becker, I realized I needed a better understanding of while the marke...
Enrique Rodriguez
Using 401K for RE investing
Hi. Does anyone have experience with using 401k for RE investing?
Petur Karlsson
Optimizing landlord insurance
Hey everybody!I've reached three rental properties, totaling six units. I have landlord insurance on all three, and require the tenants to have renters insurance. I operate them as a sole proprietor by the way.What do...