Robert T.
Advice on how to invest $50,000
New to the site, but love all the information on here. Really looking to educate myself in finance as school/parents/friends all mean the best, but don't have sound advice anymore imo. So my situation; I've made alm...
Ryan Braman
My first offer letter - deal analysis
Just made my second off-market offer, first offer letter. The first time I went over to the seller's house with a bunch of spreadsheets and walked them through it for about 30 minutes..this time I'm using a letter and...
Bradley Buxton
How Corporate Buyers Affect the Housing Market in the West
According to a recent report, corporate buyers own about 3-5% of single-family homes in the US, but that number could increase as they see more opportunities for profit.
Some lawmakers are trying to stop this trend b...
Matt Knobloch
Security deposit return
I’m in Pennsylvania. My prior tenant is threatening to take me to small claims court over my retaining part of his security deposit. I have a couple questions. Is a text message considered written notice?Do I need to ...
Charley Gates
The size of the seller-financed note market
I just finished Jimmy Napier's book, "Invest in Debt." In Chapter 2, he states that, in 1982, the size of the seller-financed note market was $75B. I believe that the current size of the seller-financed note market i...
Justin K.
Howdy from Cypress, TX
Greetings BP!My name is Justin, I am a native Houstonian, small businessman and I want to start my REI. I am very familiar with the Katy, Memorial and Spring Branch areas of Houston, and now I am out in Cypress, Tx.T...
Jill Drebing
Whats my best option?
Hi all-My husband and I currently own 4 rental properties. We have no mortgage on any of them. Current market value for all 4 combined is $325000. Rental income $4424/month. Currently have 20k in reserve and anoth...
Ami Soni
Using 401k as down payment
Hi Everyone,My name is Ami Soni and I am from the suburbs of Chicago area. I am approaching my first deal and looking for more information on using 401k savings as down payment without the penalty? I believe I've hear...
Riley Jordan
1031 Purchases & Possible Works Arounds
Recently, I purchased a couple properties in Idaho Falls, ID using 1031 funds and I am planning to short term rent those units. I have more money that I need to spend to avoid capital gains taxes and would like to pu...
John Horner
Banker told me SFH rentals are as bad as printing companies
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...