Timothy Wright
Can this be done? Is this even Legal?
Hi BP, I recently got an idea, but I'm starting to doubt that it is feasible, and it may not even be legal for all I know. I know BP has people of all backgrounds so I expect someone might be able to answer my questi...
Bobby Shell
Taking out 401k to buy rental. 100% depreciation
Listening to Robert K (Rich Dad) and his partner Tom Wheelwright they said you can take money out of your 401k and take the penalty, but then buy a rental and depreciate it the first year to offset the loss where you ...
Don Konipol
Active or Passive note investor
Do you consider yourself an Active or a Passive note investor? Or both? Can you describe which of your strategies, tactics, or programs you consider as Active investing, and which you consider Passive investing?
Marc Dufour
Accept or deny?
I am planning to rent a property in southern california. Here is the situation
1 - I only received 1 application after 6 open houses and dropping the price to market value
2 - the application is an arti...
Michael Laidler
Owner financing my first home
I took up a new job in another state, 6 states away to be exact. My house is up for sale and has had 2 viewings over the past few weeks. Today, my real estate agent suggested that I look into owner financing beca...
Tara Sonnabend
Need assistance with landlord I'm leasing an arbitrage property from in Glen Ellyn, I
My company leases a property from a private landlord in Glen Ellyn, with permission to sublease. A leak from the wax ring of the toilet was recently discovered and reported. I notified the landlord immediately upon re...
Eric Shadowens
Investing through Crowdfunding
I recently read an article in a business journal regarding investing in real estate through crowdfunding. Has anyone on this forum had experience dealing with Fundrise, RealCrowd or Crowdstreet? Anyone care to discu...
Bryan Hancock
Protecting From Underwriters Slipping Past Lock Period
How do you guys protect yourself from lenders that fail to move files through underwriting in a timely fashion? I have had loans slip past lock periods in the past where the lender held my appraisal hostage after the...
William Howley
Should I pull permit for new roof? additional stipulations apply-
Hi, I recently bought a triplex in Florida that was built in 1920. If anyone here knows real estate in FL 1920 is super old and there is obviously a ton of damage to the property. It needs a new roof, this is my first...
Rich Weese
RE goals-estate planning -Part 5 and final part
There have been a lot of downtrodden posts and threads here on BP about how bad their situations are. Concern about retirement, pensions, estate taxes etc.
In this 5 part series, I've tried to offer some hope ...