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So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
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Are there any “need to read” books that you would suggest I read before making my first deal? I have some time before my first deal as I’m only a senior in high school but Ive always taken interest in real estate and ...
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Hey everyone, this is my first post here. I commit to being a very productive and active member! So far my wife and I have passively invested in multi-family deals. But, we want to start doing other kinds of deals A...
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Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
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Hi BP. My husband and I own a fourplex and our neighbor/tenant has been paying rent later and later each month since she signed her lease in May. She is honestly not someone we would have rented to if we'd had control...
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HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
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Well. Woe is me. Here's the tale of a young, banana-headed investor who leaped fast without the analysis paralysis that so many would-be investors suffer from...
Okay, SO... to start, someone recently ask...
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I am a recent property owner and BP member. Things didn’t start too well and I would appreciate any advice on what I should do if the situation does not improve :End of october 2013 I bought two rehabilitated houses i...
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My situationHave a decent sized portfolio of stocks, bonds, etc and a main residence. Have about 250K to deploy in an alternative asset class, preferably one that inst correlated with the stock market.Work full time...
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I have been involved in real estate for nearly 50 years and have always been very positive about the future. I started at a very young age buying real estate and investing in more and more as decades went by. If I was...