So lately i've been on a blitz on cold calling home owners in different states and have had several opportunities to submit LOI's, analyze and crunch numbers. Felt so busy the last few weeks doing so, as i've been bac...
Hi, I'm looking to start investing in real estate and I'm based in the UK. It seems I can get a lot more for my money in the US. For example, a basic 2 bed flat in London (good area) will cost at least $750k and in Ma...
Hello, I am 23 and have a job with a real estate company. It is a small team and I have been here for about 8 months now. All my coworkers are much older and very wealthy through real estate, all different ways. Flipp...
I’m wondering if credit unions, mortgage bankers or banks provide the best financing and leverage. I just recently did a refinance of 8 homes with a mortgage banking company. I believe what they do is fund the deal th...
Hey BP!
I’m looking to purchase a property with Seller financing. For Instance, purchase price $550K with Escrow, Title, and Listing Agent fees. How is the promissory note look like and how do the fees get paid? Out...
Hello,I'm planning on accumulating several dozen single family homes with cash over the next year, and then getting a non-recourse loan so I can leverage up the portfolio (without risk of personal bankruptcy). I am s...
Hello BP,
I have a question regarding flip strategies and taxes. I noticed some people set their minimum profit at 15k, some 20k, some 15%, and so on. What I’m a bit confused on is do you take taxes into consider...
I have a leveraged property in my SDIRA (at equity trust), a note and some cash. My questions are:1. For Equity trust, I need to send a deposit coupon every month with the rental check. Is there any way around it? I a...
One of our prevalent society myths is that we "make" money. Nope. Money already exists, and the only one who makes it is the government with its overloaded printing machines. The rest of us move money around.If we bot...
Hey everyone,What are your thoughts on an active multifamily investor getting a broker or residential real estate license? I am fairly young and could potentially leverage it to produce capital, but am also wondering ...