Preston Miller
I need help with finance basics
OK. I have been listening, learning, reading, and dreaming. I am very close to looking for that first deal, but one thing that I seem to have limited knowledge on is financing. So I am just gonna throw some random sce...
Jeremy Karja
Who is the best for a SOLO 401k and why? How can I use it?
Hi BP,I want to roll my ira to SOLO 401k because it sounds better in most ways to compared to self directed IRA. Mainly for the control and sounds like less expensive. This IRA is about 65kMy 2 questions are:1. Who ...
Luke Carl
How to transition from VR/STR to Multi-family
So. Things are good. With 5 successful VRs and a SF LTR under our (@Avery Carl) belts in less than 2 years; we're thinking its time to make a move into multi-family. Living in the Nashville area I'm not sure where to ...
Joni Chin
need advice on inherited tenant on house I am going to flip
Well I closed on a property yesterday that I was going to flip. Going in I knew it was tenant occupied but on a month to month (but paying weekly) and it was a fast close and typically I deal with any inherited tenant...
Stanley Kong
How Truthful does the MLS have to be?
This came up because I asked my agent for comps on my current residence. I found out that my neighbour downstairs sold their property and on the listing it listed as 943 sq feet. However when I looked it up on my Stra...
Lorenzo Baranos
CK This Out! Can You Sell DR To Buyer To Clear Title?
There was a foreclosure sale on a DT but it was junior to an earlier DT (157k) that was thought to have been paid off but the Deed of Release on it was not recorded! In effect, the buyer at the sale bought the proper...
Scott Kirkpatrick
Buyer protection against Seller default on mortgage, land contrat
A friend of mine came to me for some unprofessional [not paid] advice recently. I'm doing what I can to help her out. Still, I'm pretty new at this stuff. While researching her situation I came across BP. Read a few...
Dan Snyder
Intent Question Qualifying for a 1031 Exchange
Hi all, I have a question about intent on the property being sold in a 1031. I received a property from my grandparents (sold on deed for $1) in September 2020. They owned the house with no mortgage. The plan was to u...
Svetlana Stegantseva
Newbie Investor from New York City
Hello BP, hope you all are having a great day!I am a starting investor in NYC and surrounding areas. Righ now I am working as a real estate agent with luxury sales and rentals. I hope to learn everything possible abou...
Kellen Driscoll
Purchase price vs rent generated
Hello BP,
I have a question that I'm sure a lot of new investors are curious about. On a few podcasts that I've listened too, I hear people buying duplexes around and sometimes under 50k total for purchase and rehab ...