Nick Slagle
Non passive long-term hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Pair of duplexes purchased with 1031 proceeds from a previous sale with about 75% financing. Rents were...
Account Closed
Don't be an idiot investor!
Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:
Sam T.
Anyone here ever open enough personal LOCs to fund entire deals?
I'm considering a strategy of applying for and (hopefully) opening multiple personal credit lines totaling at least $100k, and using them to fund 100% of my rental purchases & rehabs. This would be as an alternati...
Jason Welch
Advice on dealing with smaller troubled banks
Hello,I am targeting the smaller troubled banks for property. Does anyone have any advice on how to handle the asset managers? Tying to come up with a strategy but I am new and would like to know what to expect so I ...
Harry Paul
About Puerto Vallarta
About Puerto Vallarta
Tucked away in the middle of the Bay of Banderas you will find a gorgeous tourist town rapidly becoming one of the most popular holiday spots in the world. Puerto Vallarta is reported to be the ...
Lee Common
Some of things I thought while reading all the off topic posts in the off topic post + more non-sense
America doesn't come from politicians. It comes from people inventing things and creating. The telephone, the telegraph, the computer, electricity, automobiles none came from government. Our world is going to get be...
Sam Leon
Solo 401K account with checkbook control - what about debit card?
When you set up your solo 401K plan's 401k trust bank account you have checkbook control. However some banks allow a debit card but some don't.How important is having a debit card associated with the checking account...
David Saucedo
Anyone know the business of acquiring existing businesses?
I've seen a lot of advertising by gurus and others that encourage people to BUY existing businesses - it could be a real estate business, a merchant wholesaler business, and/or retail.Their argument is that starting a...
Isiah Ferguson
Cash reserves or credit ???
Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
Ray J.
ADR (Average Daily Rate) Drop and Last Minute Bookings
Hey BP!!Wondering if in your markets for your STRs (Short Term Rentals) are you seeing the ADRs (Average Daily Rates) a lot lower than what you were originally forecasting for the year, and are the majority of your bo...