I am starting to wonder about this - if I were to pick up a $125k piece of property, say, this month, is there anyway to go $0 out of pocket? Or is there always going to be something that costs me? Such as $5k for i...
I thought of this crazy idea and wanted to write about it just to see if other people think this could work in practice. I want to state that I have no desire, intention, or ability to actually do this. It was just so...
I have read that there are a number of obstacles when buying a SFH under an LLC (i.e. having to use a commercial lender, higher interest rates, shorter amortization and balloon payment after 5 years). As a result, man...
Anyone know how to transfer title when there's dual ownership and one person wants to sell the property? The other person is apparently in a bad mental state in the penitentiary. How do you transfer title when the per...
Hello BP,
I have recently started my first house hack in a triplex in central Kentucky. Cold called roughly 85 landlords in my surrounding area to find my own off market deal where I could live for free to start off...
Since today is the deadline to file 1099s with the IRS for all contract workers, I thought I'd share a simple "best practice" for getting the paperwork done.Print out a short stack of W9 forms to keep in your car or b...
Hi everyone, I’m a novice investor just getting started and it seems like short term EMD lending or “gator lending” is a great way to go. I have an investor looking to borrow 10k for an EMD in Austin, TX. Is there an...
I am ready to start an LLC for me and my wife's investment company. What would you consider a fair price to setup an LLC properly? We looked into having Garret Sutton's company from the Robert Kiyosaki books do it. Hi...
Hey BP fam I’ve been at a crossroads for a few years now and I would LOVE advice or any information if my situation has happened to youI I brought my first house when I was 25 from my father. I paid him and we did a q...
Hello! Newbie here, but have been listening to a lot of podcasts on real estate and i came across an episode about using 203K Loan to buy a duplex, has anyone done this? If you have, what was your experience with it? ...