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Anyone dealt with "side letters" before for investments? What are the terms of these usually?
Please dont reply "it depends" - would be good to have some real examples of what youve seen (Total fund $, amount invest...
I and 2 family members own some rental properties. Our current strategy is to pay them down as quickly as possible and to not take any money or distributions for ourselves until they are completely paid off. For one p...
One of my rental's AC Air Handler Fan Motor finally went kaput after 33 years of faithful spinning. It must have gotten dizzy or something. Well, today was 117 degrees so I decided it might make sense to fix the thi...
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Hey! New girl here! I have excellent FICO, really good income from full-time exec assistant job and lucrative but inconsistent part-time modelling and wanted to invest in 5-6 interesting properties. First, would most ...
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I'm looking at IBC and it seems like a really good long play for wealth building. It won't hurt me in the short term to start it, what are your thoughts?
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Here's the situation: I have a very old 5 unit building consisting of 3 floors in the front and 2 floors in a back section that was added on at some point. My issues are concerning the 2nd floor units in both front a...
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Hi BP family,I recently received an email regarding a multi-family 23 unit apartment complex just outside Houston. So far I've visited the property, taken pictures, and spoken to the broker who works with the owner. I...
I've come across conflicting answers regarding my issue. Do loan providers need an income source from the buyer when it comes to commercial MF generating reasonable cash flow? I am looking to invest in MF but have no ...
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My wife and I own an LLC 50/50 and the LLC holds title to residential properties. To take advantage of lower interest rate, all banks require us to hold title in personal names. I was told transfering proeprty from LL...
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The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...