Naoko Potts
Tenant who does not have a bank account
My tenant just informed me that his bank account was hacked and he had to shut it down. He has been paying his rent through apartments.com but since they charge high fee for the credit card transaction, he is asking m...
Robyn Henderson
Sell, HELOC, or Mortgage Brooklyn Brownstone 3 Unit
I posted something similar in the Starting Out forum and did not get many responses. I was hoping to get the advice of more seasoned professionals who know the area. My family has a 3 unit investment property in Cobbl...
Sean McCluskey
Cosmetic Flip Margins
Hey BP!I am in the middle of my first BRRRR deal, and I think I’ve found a very low risk cosmetic flip in a nice high end suburb. Very low average days on market, definitely a desirable area to live, A to A- area. My ...
Caroline Gerardo
Peer Street Bankruptcy
I am sorry that Brew Johnson and Brett Crosby's concept for peer to peer lending, venture capital firm Andreessen Horowitz, and all investors who provided their hard earned cash now have to wait for pennies on the...
Abigail J Steinert
Why do flippers not use their own money if they have it?
I keep hearing on the podcast that house flippers always tend to use other lenders, hard money, etc... Even in J Scott's book on Flipping Houses says that they use investors and don't really use their own money.What I...
John Tucker
Greek Economic Crash- How does that affect us? (Need Answer)
Hey BP!Now given, before you read this, I am no economic genius, and most likely even ignorant as far this goes, but I have some questions. So with that said, here you go.I've been watching and reading lately about Gr...
Scott Trench
When is it time to Diversify?
Howdy, wanted to ask the advice of the community here in discovering when the correct time to diversify is as far as real estate investing goes. I'm financially prepared to purchase properties 3 + 4 as things stand (I...
Account Closed
SDIRA or Cash Out My 401(k) – Help Me Decide (long post!)
Here’s my dilemma. I have ~$150k in an employer 401(k). My job ends at the end of February. After that my and my husband’s plan is to invest in multifamily rental properties, reinvesting all of the profits as we go in...
Michael Mozie
Cozy
Hello all, I am brand new to real estate investing and I am in the process of purchasing a quadplex, hopefully close by January! I have been researching the subject thoroughly and I came across a website called Cozy....
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...