Jason Young
Cashing out 401k for rental
Hey BP fam,
Hoping to reach some savvy investors with this question. So I decided to close my old 401k from a previous company. I was going to move it into an IRA.
When I talked with my IRA rep he says I shouldn’t ...
Annie Bollini
Any Experience with Carnegie Prosource Tax Liens Training?
Is anyone familiar with the Carnegie Prosource Tax Lien training? Has anyone taken their training/used their software? I went to the free seminar and paid $300 for the 3 day class next week. I have wanted to learn abo...
Dejahn Renrick
200k profit from my 1st flip, What now?
Hi everyone,So a little background: I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit. The short version is I purchased a Single family ranch at auction using 100% hard ...
Auryana Faramarzi
Do I continue with this deal...
Hi all - first time investor here (well, almost). My offer was accepted for a SFR in Houston (zip code 77007, near Houston Heights). I wanted to share the details with my fellow BP investors and get your opinion on wh...
Olga Levin
Lent money on second lien to a rehabber who stopped communicating
Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...
Robyn Coady
If you had a million dollars cash what would you do?
I find myself in an interesting position. I'm a total newbie with access to a million dollars. I know it sounds ...well, actually I have no idea how it sounds. A million dollars might sound like an outlandish sum of m...
Scott Le
Bad Idea to Flip First House Entirely from My Savings?
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...
Patrick Kaiser
How do I convince flippers to list their homes reasonably?
Background: I am a real estate agent who runs a flat rate listing company, meaning I make the same amount no matter how much houses sell for. For that reason I don't mind necessarily care if houses sit on market forev...
David Beadles
Las Vegas Four-plexes
Is anyone familiar with investing in four-plexes around the Las Vegas area? I am looking to purchase my first investment property and am looking for an investor-friendly agent and some guidance. More specifically, her...
Michael Ealy
Is "Stupid" Money Chasing Millennials in Your Market?
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...