I am starting this thread to document my experience with a self-directed IRAI have an IRA that has been invested in stocks and bonds since I rolled an old 403(b) into this IRA about 10 years ago. It always underperfor...
Hi, I recently had my basement remodeled and added about 890 sqft of living space. The main intent was to make a 1bd apt for my retired parents to have a nice inexpensive place to live. Anyway, I now have a bigger ...
We took the plunge and through a 203K loan was able to buy our very first property. When we first visited (July 2023) the duplex, the previous owner told us that the tenants (older couple with one of them being a reti...
Newbie investor here and am uneducated on the choices I have for a situation I'm in.I've always heard that the title company of choice used in a real estate transaction should be up to the buyer and that the buyer sho...
In May of this year, I reached out to a property management company I had worked with in the past to inform them that I had a property becoming available and to request a Lease Option Only service (essentially where t...
Hi, Just joined this forum but I have been reading all the information for years and I finally decided to jump in. (been too busy with school)I'm also new to Real Estate investing, so new that I've not done a deal, ho...
Hello all,I've been listening to the bp podcast for about 2 years now, essentially just for entertainment and an understanding of REI. However, recently Ive decided to try and take more actionable steps to get involve...
Good morning! Here's the situation:I'm under contract on a quadplex. Current owner/landlord is terrible at his job. He says he does not have a lease signed for 3 out of 4 units. It is "word of mouth." He claims they a...
Hi BP members,I have month to month tenant who never showed up for his move out inspection and has stopped responding to our Property manager's calls. He owes ~$500 (500 November rent plus 500 damages minus 500 securi...
Are origination fees different across the board and is there a cap?My estimate was 4.8% rate conventional bank statement loan was high but was okay with it. Now it's coming back as 7.2% when they sent the paperwork an...