Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Yenisel Avila
Driving for dollars
Hey guys and gals!I’m driving for $$ now using the Deal Machine app and there is a property that the app states has an absentee owner, but I spoke with the woman who is currently renting at this property and she said ...
Carlo Michelotti
W-9s & 1099s: How do I pay contractors "under the table"?
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
Maureen Hannan
I want to sell a private mortgage note
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Scott Trench
Why YOU Might Be the Fool In Avoiding a Hot Market
It seems like every other day someone posts to the forums talking about Denver or surrounding front range cities here in CO and how "Red-Hot" and "crazy" the market is. I remember that was said in 2013, when I first t...
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...
Matt Hudson
Where is the Cashflow?!
Hello BP! I've been on the hunt actively for 7 weeks. I'm an impatient person (super high D if you're a DISC person) so I know I just need to keep looking. I've been outbid on 5 houses and most by a significant margin...
Mindy Jensen
Quick Survey: How Did You Discover BiggerPockets?
Hey there. I'm wondering how you discovered BiggerPockets? This is an informal survey for a presentation I'm doing.
Kyle Grimm
WHO ARE YOU? What do you do besides real estate?
Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...
Daniil Kleyman
ROI vs. ROE vs. Cash on Cash
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...