Shiloh Lundahl
How hard would you be willing to work for a million dollars?
When I was a kid, I would look at the cars as they would drive down the road. All of the cool cars I would either think to myself or ever say aloud to myself, "That's my car." And when I was asked how much money I w...
Terra Padgett
Landlording is Not All That Passive
You always hear about rental properties as passive income. Well I totally disagree. Even with PM in place, there are still many active activities when it comes to direct property ownership. Yes, it does take several t...
Sarah Kensinger
The lack of short-term rental safety!!
The lack or inattentiveness of safety in short-term rentals is appalling!! Over the weekend 3 people died at a STR in Outer Banks due to a house fire, and it seems like every couple of months we hear of more people dy...
Gustavo Mendoza
Rental application & background checks
Hi everybody. I'm just about ready to househack one of my rooms in my 3b 2b SFH. I have a potential lead, but I need some assistance on getting started. I know I need a separate bank account and rental forms. I also n...
Daniel Johnson
How to keep track of finances on multiple flips?
I am looking for some tips, advice, insight whatever, on a problem that my company is facing. We use the houseflippingspreadsheet to keep track of individual projects, which is great, but does not give any sort of com...
Manco Snead
Hold or Sell Multifamily with High Appreciation?
Greetings good people,
I'm looking for some feedback on the decision to sell or a hold a duplex I've had for 6 years. In short, it cash flows very well ($1000/month, partly because I put 40% down), is in a desirable ...
Jonathan Taylor
Los Angeles ADU valuations explained
Good Afternoon Local LA BP folks,
I know this has been a hot topic among the local LA investors and as a mortgage broker I was very curious on how ADUs are actually valued as I keep hearing different sides to this. I...
Matt Horton
401k
Hello Iam trying to figure out away for my mother to use her 401k to invest into my llc to flip houses. Does anyone have any ideas? Thanks
Rick H.
Desperate non-performing note buyers beware! More hurdles ahead
Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
Jarrod Ochsenbein
Private lending in 2nd position
2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...