Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...

I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...

I'm reading a book by Robert Kyosaki entitled, "Why A Students Work For C Students and B Students Work For the Government". I agree with most of his views of our public school system, the dangers of an entitlement so...

Hello BP Community!I'm a residential investor in FL and I have been considering expanding my portfolio by purchasing an assisted living facility (ALF). This is a very new venture for me and I would be very grateful to...

[I wrote this rant to a friend of mine some time ago, and it seems that some people here might agree with me...]

Lies They Tell You In Real Estate Seminars

Don't Listen To The Poor People Like many effective lies, ...

I made a cash offer on a house that was listed as a short sale with settlement within 45 days. My agent told me that the seller's agent told him that the bank approved the offer. We then signed a contract for sale wit...

Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...

First off, I’m a true believer in the saying “If you have a dream in life, you should seek and follow the path to obtain it!” In late 2006 we saw the real estate bubble come into play and wreak havoc on the housing in...

Hi,

I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...

Here are the basic details of the project:Closed on the deal on December 18th of last yearLocation: Plainville, ConnecticutPurchase price: $120,000.00Rehab amount: $22,000ARV: $210,000Property type: 3-familyTaxes: $38...