Shiloh Lundahl
Why you shouldn’t jump into real estate hoping to avoid a job
On a lot of new investor posts, I read that they want to replace their full time income with passive income from real estate investing. Which all in all is not a bad thing but I think their time frames to do this is n...
Brian Alterman
Structuring/terms of small unsecured promissory note
Hi BP!I'm new to investing and have joined my local REIA. Learned a lot and have done some great networking to help me get into this business and learn. I came across an opportunity to work with another investor in o...
Gilbert Dominguez
The latest skinny on Dodd Frank and the Safe Act
If you are an individual you can owner finance one deal per year, If you are married your wife can likewise owner finance one deal per year. If you are a trust you can do one deal per year. If you are an LLC or some o...
Robert Steele
Scaring my hard money lender
I found a deal that I wanted to run by everyone here. A deal so scary my hard money lender needs to think twice about financing me. This wouldn't be the first time. Last time I scared the hell out of him with a mold p...
William Allen
What Will Happen to the Real Estate Market in 2021?
We recently saw a strange pattern in the market. Houses are selling for significantly more than the asking price. We started asking…
What exactly is happening with the market and how will the pandemic trickle down to...
Account Closed
Subject To - How an Actual Deal Worked - Including the Numbers
Subject To - How an Actual Deal Worked - Including the NumbersHere is how I did it: I was contacted by an investor who hadn’t done any deals successfully. She was a little afraid to make the jump on her own. She inves...
Molly Morlino
Eviction Due to SMOKING lease violation
We've owned our rentals (built from the ground up) for almost 2 years now and the time as come to eviction someone. Not happy... I really like this tenant and have no other issues whatsoever. They are pleasant, pay ...
Brandon Hall
Bring Your Tax Questions
Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...
Justin Young
Purchase all cash, refi, repeat. Would that work?
Aloha BP!Exactly as my title states, if I were to purchase a property all cash, then wait for the seasoning period (if there is any), and purchase the next property, are there any setbacks to this? There are a few thi...
Chris Buesing
No Pets?
I'm sure no one has ever had this happen. I got through showing the property and hand the prospective tenants their rental app, and she looks at me and says, "oh, there's no pets? I have a cat." Ugh.