Ty Doke
Financial Advisor says: Real Estate is a terrible decision
I am under contract on a property. My partner is providing the capital for down payment, and renovations. Partners capital is currently in mutual funds with a Financial Advisor Firm. We met with his advisor about 6...
John Thedford
Dear FL Tenant: I Intend To Impose A Claim On Your Security Depos
First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
Andrew Threet
How to invest $20-25k?
Hello I’m new to real estate investing, but it’s something I’ve been interested in for some time now and have been saving up to be able to put me in a position to do so.Currently, I have about 20-25k ready to invest a...
Jim Herbst
Contributing to 401k or 403b or ROTH vs. Saving for Down Payment on Investment Property
I have been inspired by the podcasts and insight on BP and appreciate how a LONG-TERM buy and hold approach (my niche and strategy) can lead to quite significant 'passive' income streams over time. I also understa...
Tony Hoffer
To 401k... Or Not??
Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
Jason Dalka
Need to generate 5-6K cash flow per month to pay for nursing home
Hello,My mother-in law has about 700K in her retirement accounts and has suddenly needed to go into long term care (about 8K per month.) We are thinking that rather than simply spend down her retirement funds to pay f...
Andrew Schutsky
How I Found My First 2 Deals as GP and Lessons Learned
Like many reading on here, I began the 2021 calendar year with great ambition; I wanted to close 2+ Multi-family deals as a GP of 50+ units each. Most importantly, I wanted to establish my brand and reputation in th...
Jennifer S.
Discouraged
Hello,Within the last few weeks, I've found the drive to put my desire to create passive income in front of my fear of moving forward to become a real estate investor. I've gotten LOADS of great advice and suggestions...
Sandy Uhlmann
What CRM system should I use for notes? SDIRA questiona also
Hello fellow BP followers,I recently enrolled in a note boot camp (it was free if I purchased a pool of notes) and it was suggested that we set up an account with notedashboard. The first 10 notes are free, (at least...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...