Doug Smith
Let's team up to fight Dodd-Frank as it pertains to owner financing
Selling on owner financing is a key exit strategy for my real estate business, and the new Dodd-Frank Act regulations are really throwing a wrench in it.
A few investors and I pooling money together to hire a...
Stephen Bagnani
Pushing 30, Financial Awakening
Hello everyone. I am so thankful to have found this resourse and community. I have spent my life under the rule of the "Poor Dad" mentality, always bearing witness to the financial struggles of my family and watching ...
Christopher Malone
Journal of a New Investor
Hello BP!Allow me to reintroduce myself. My name is Christopher Malone, and I am a new investor in Chicago, IL. I have been a member of BP for a few months now, and from the time I made my first post, I have learned a...
Jake Weir
Renter Applications
I advertised an apartment early in the month for a March 1 move-in and got a number of bites. However, I put in some engineered hardwood in the apartment and it wasn't show ready until mid-month and raised the ren...
Michael Plaks
Explained: How CPAs charge you (and why)
'Tis the season for CPA hunting. And every year there're dozens of repetitive threads on this forum asking/debating/complaining about the CPA charges. I will try to assemble all related questions in this one long post...
Account Closed
What separates good real estate agents from poor ones?
Hello everyone, I'm currently in the process of studying for my real estate exam in Las Vegas.From personal experience, what separates good real estate agents from average ones? What could I personally learn or do to ...
Cristian Samayoa
Girlfriend thinking I'm obsessive.
Have any of you been in a relationship where your partner thinks you're obsessive? My girlfriend thinks I'm too obsessed with real estate and business in general. Honestly investing, business, personal finance, and en...
Collin Vosburgh
Dave Ramsey on real estate
So in his book "Complete Guide to Money", he says that you shouldn't even get into real estate investing until you're out of debt, maxed out your 401k and Roth IRA options, have paid off your own house, already have e...
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
Have any of you ever heard of an Engagement Fee for refinancing?
LENDBASE has the following fees
Conventional:
1% origination fee
$500 doc fee (est)
Title Work TBD
Appraisal $2000-$3000
Environmental $0-$20...
Bill F.
How to Get $10k/month Cash Flow: That's the Wrong Question
A lot of people want to use REI to escape their 9-5 and replace their W2 income so they can live the life they want. That leads to the reasonable question 'I need/want $7/10/15k/ month in free cash flow(FCF) from my R...