Hi,I have been asked by a recent contact about my interest in taking on a short-term loan backed by a property in the Chicago area. The property is currently occupied and the owner plans to fix it up and sell after th...
Hey all, I have a perspective partner looking to invest $20k in the next few months, and is wanting to get into real estate. He wants to get into buy and hold, but is interested in partnering up. Right now I don't hav...
What are the things you wish you would have known starting as a first time landlord. I'm closing on a duplex soon, which will be my first real estate purchase. Just looking for any advice on managing a rental, from ...
Hi everyone. My name is Jamie and I'm yet another newbie/wannabe investor who is looking to get into the real estate game. I've been devouring the podcasts and thought it was finally time to introduce myself.I am a ...
There is a lot of back and forth on the wholesaling subject here.. as for whatever reason folks seem to think wholesaling is a beginner occupation.And while its talked about extensively it relates back to how we thoug...
Hello BP folks, I would like some advice on potential property, here is my background and details. I would move out of my current home and live in 4-plexCurrently living situation is SF homeMortage - 1,000 (with HOA ...
Hi all! My question is related to choosing a target market. The market I live in is quite high, although in very high demand and growing rapidly. I have been seeking to identify a market with lower rates outside of my...
I recently lost a deal to another investor as it was on the thinner side and I didn't want to get into a bidding war with the other investor. The seller said she would have rather sell to me as some things didn't add ...
A person I’ve know for a while saw my Facebook post about private money lending and asked me about it. I explained what I was looking for and he said he was interested and wanted to know more. A few weeks later I had ...
I am starting a new lease with a tenant that is likely to declare bankruptcy on a underwater mortgage and consumer debt. That discussion aside, where does monthly rent fall in the equation? I know the security deposit...