Jason Malabute
VERIFYING LENDER BACKGROUND
Hi All, My agent recommended a lender. My agent works the firm with the most sales in last 12 months in my market and her firm has 5 star reviews. The lender works for major bank. I verified this because I see her na...
Terrance Hall
Structuring an investment group
Hello BP community,I am trying to set up a (3-4) small investor group in order to pool their funds and tackle larger fix and flips. I'm wondering if just setting up a simple LLC with all of them would be sufficient to...
Craig McLaughlin
Investing with IRA or 401k going away?
I just heard that in the reconciliation bill that may soon be passed, there are several major changes regarding real estate coming. Specifically, you would not be able to invest IRA or 401k money (including self-dir...
Timothy W.
Federal Reserve Oversight Committee
One of the seemingly little known facts of the GOP sweep last week is this little tidbit. Because of the sweep, the new head of the Federal Reserve Oversight Committee is.....Ron Paul.
What are your thoughts?
Somet...
Chad Lamb
Syndications "adding value" seems more like lipstick
Hey all, sorry about this clickbait title but I have been looking through quite a few syndications deals to passively invest in. I'm new to this and I'm trying to understand the risks. To me, when you say "value add" ...
Bryson Owensby
When to take profits out of Rental?
Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).
When can/should I take the excess profits out and invest them?
John Whitridge
Financing a Project Through a LLC
Hi BiggerPockets, I am looking to finance a deal for a single family home through a LLC that I am setting up which seems pretty straightforward. I am using a hard money lender but do not have all the money myself so ...
Quentin Jivery
Questions on getting started wholesaling
Can anyone give me some advice on how I can get started succsesful wholesaling, driving for dollars, getting lists and calling. How do I find the off the market deals in my area and wholesale them. I want to of course...
Rich Weese
Foreign bank problems
I've been doing some research. Suppose Greece, Ireland or Portugal goes under and no bailout by Euros.
1. Will this take down France and/or Germany banks?( we only have about 30B in Greece aide,in banks.(I believe)
2....
James Babb
Cash Reserves for CapEx?
If you've got $100k to invest in property, what percentage are you putting toward deals, and what percentage are you holding back for reserves to handle unforeseen capex? I've heard and read that the general rule of t...