Jacob Prelle
I have 100k. What should I do?
After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Alex Bekeza
California Passes Solar Panel Mandate
California recently signed a mandate requiring most new homes in the state to include solar panels after 2020. California is the first state to do so, but it likely won't be the last, with New Jersey and Minnesota pur...
Jason T.
Invest in Debt...great read, I want more
The president of my local REIA advised newbie note investors to read Invest in Debt by Jim Napier. It was extremely helpful for me & very interesting IMO...in fact I just got it last night and have already read t...
Will Gaston
Do You Think My College Students Tenants Busted this Floor Joist?
All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...
Jim Sestito
Help me explain Seller Financing to Grandma!
Hello BP,Dear Grandma is looking to downsize. Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family. The main unit is a 3 bed...
Charles Norman
Note purchase questions
I need some help on how to find the right people at the bank and how to present a compelling offer to purchase a NPN. We have done the financial analysis, tracked the foreclosure and bankruptcy processes, spoken with...
Amiris Brown
Which is better: Double Close or Become a Realtor?
I’ve been convinced that I may have to start out in Real Estate by Wholesaling properties. However I’m very paranoid about following the law to the “T”, especially knowing full well I have Attention Deficit Disorder (...
Andrew Postell
How To: Cash out 1-4 unit Property
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...