Account Closed
Why Brethren of the Buy & Beholders Church want to burn a heretic
Buy and Hold is promoted by most property investors as the Holy Grail. How can so many people with money be so wrong?Although many created their investment capital by wholesaling houses they now choose to become inves...
Linda L.
What you should be concerned as 1st lien holder if there's 2nd loan?
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...
Christopher Greci
Tiny house!?!? Breaking the rules in Silicon Valley
I love real estate investing, its awesome. However, in my personal life, I'm a minimalist. I really could invest more if I minimized my personal expenses. My idea..... Buy a lot of land somewhere, preferably 30 min...
Jan Kutrzeba
When to set up an LLC and seek financing w/partner?
Hi BP,My colleague and I have started taking the next steps to forming a partnership and purchasing our 1st MFH by the end of Q1 of 2021. At the moment, I’m looking for deals, underwriting, talking to brokers and sell...
Isaac Braun
Tenant quit job and is leaving before lease is up
My tenant is going through a divorce and has decided to quit their job and leave the property. The lease isn't up until May 2019. What is the best plan of action legally. This was a very qualified tenant with grea...
James Zobrisky
Property management recommendations
Looking for recommendations for property management companies in the Indianapolis market. Looking to rent out my current property, this will be my first rental property! Any tips, recommendations would be greatly appr...
Ernest Somereve
AC Needs Upgrade No or Go?
So I just recently purchased a duplex back in May of this year, we have inherited the tenants who have been there for years and they seem to be good and even paying rent early. One of them brought it to my attention t...
Nature B.
Hard Money Loan - What are the Advantages and Disadvantages?
I am looking for an investment property and the local real estate group that I've networking with often suggest using a Hard money loan. Can someone explain to me how that really works? I've heard that they can be u...
Buu Lam
What to look for in an accountant?
Hi, I'm looking to enlist a new accountant and want to have a new focus on my investments with this one. My previous one retired and I also hadn't put in a lot of effort with my investments and tax planning previously...
Mike Pichik
IRA to 1031 for Real Estate Invenstment
Looking for some guidance. I have about $100k in a self-directed securities IRA. I've picked up on bits of information that indicate I might be able to convert those monies, through a 1031, into funds to be used to in...