Martin Lim
A tale of two Properties. Which is better investment?
I know there are many factors that determine "a good deal". Recently came across two very different San Diego properties. And as a noobie, wasn't clear which is a better choice. Was wondering what everyone though of...
Brian Thomas
Do I need a CPA as a rookie investor?
I bought my first small multifamily BRRRR deal in January of 2019 and started collecting rent for it in October of 2019. I am assuming now that I own a property, it would be wise for me to get a CPA because I have hea...
Tom Chen
Dodd-Frank re-write...what does it mean?
Hi BP...In the news recently, the new administration is trying to re-write the Dodd Frank bill. Forgive my ignorance, but what did the bill do that harmed the REI community? How will the re-write benefit us?________...
John Penola
401K for Down Payment
I'm a first time investor. My goal is to buy my first rental property in the Indianapolis area by Feb 1st 2020. I've been listening to BP for about 18 months and have read 10-12 real estate books.I'm considering using...
Neel Shah
EIDL SBA Loan advise
Hello BP,
I got message from EIDL today stating: "Your SBA Application No. *** is ready for the next step. Create your SBA Economic Injury Disaster Loan Portal account to provide additional details or requested docum...
Holly Sarria
LOOKING FOR INPUT FROM BP LENDER COMMUNITY
Hello to the BP lender community,I hope all is going well and everyone is staying safe and healthy!I was hoping I could run this by you and see how it would affect my DTI when doing the refinance part of a BRRRR.To fi...
Rebecca Slone
Landlord changed electric to gas in September told me yesterday
I received a phone call yesterday from the real estate company that manages our home. She stated that I owed over $900 in gas bill and that it had not been transferred to my name. I explained that we have been in res...
Nilay Engin
First home to pay off
Investment Info:
Single-family residence buy & hold investment in Bakersfield.
Purchase price: $253,000
Cash invested: $50,000
A single family home I bought to live in when was single and rented ...
Rick Amos
Should I market my 506(c) debt fund as "bond" replacement?
My 506(c) fund is invested in real estate. However, the investors become LP's in a company. The company agrees to pay them a preferred return with a promote. This is a debt structure and not an equity structure. Yes, ...
Account Closed
Forclosure vs Deed in Lieu
I hold a note(deed of trust), within my SD-RA, that is due at the end of January 2013.
The debtor, a Real estate investor LLC, states that they can not repay the note because they have not sold the house and that they...