Hi all, my name is Michael and I am a new member here on BP. I have a question that I am hoping someone can answer- Why do some people advocate that you never pay a loan down because a loan is a wealth generator? I kn...
We own multiple commercial properties in our downtown (Series LLC in TX) and have several under contract. We are looking to roll over our traditional IRAs to make the purchase w/ a non-recourse loan. I have read every...
I'm really interested in understanding the power of "Other peoples money" I've been seeing and reading that there is NO shortage of money you just have to find it.When pitching to private lenders is it a smart path to...
I have couple rental properties in Atlanta, GA purchased during end of 2021. One of my rental is giving a good profit (almost little over 100K). Both of them has good cash flow. I was thinking of selling a rental and ...
So BP community , i must admit after joining the website and constantly reviewing the information giving in these forums ive gained some confidence in the knowledge ive obtained. Ive broadcasted to family, friends ...
I don't quite understand this so called "law of diminishing returns". It shows up in the BP calculator each time I analyze a property. The ROI percentage starts to go down at about the 10 year mark. Plus I keep hearin...
I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
A lil background on me - I've been doing websites for over a decade, got burned out, so am not pursuing it hardcore like I have been, so have been doing something else I've been enjoying, and that is buying/selling co...
What's up BP Community! My name is Cami. I'm fairly new to real estate investing but really want to hit the ground running. I have been listening to podcasts, webinars, and scrolling Zillow constantly to educate mysel...
I recently opened an EQRP solo 401K and it was suggested that I look into using the funds in the account for private lending. I'm familiar with private lending just not being a private lender, is anyone else using a ...