Timothy Riley
My secret mentor hit me with an honest curveball!
My secret mentor hit me with an honest curveball!SDIRA Consultants, SDIRA Holders, Real-Estate Tax CPA’s, Attorneys, Chime in:First - my secret mentor is my attorney which sounds odd seeing that we have two differen...
Brian Gibbons
Tips from Brian Gibbons re: Creative Financing
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Qi Ming Chen
Strategy for $750,000
I am in the early stage of selling a multifamily with a net proceed of around $750,000 in a 1031 exchange looking for passive investment strategies. The OC market where I live seems very competitive and I was wonderi...
Dan Handford
List of Lender Denials for Inexperienced Multifamily Syndicators
Many of the people here on BP are inexperienced when it comes to multifamily syndication. I thought it would be a good idea to begin a list of reasons that a lender may deny someone a loan due to their inexperience. H...
Account Closed
Buying properties to simply break even?
Hi all! I know what you all are thinking.."investing for 0 cash flow?" but looking at the current market in my area that's how the numbers seem to work. In my area, Phoenix Arizona (specifically Tempe, a college town)...
Ainsley Logan
Multifamily investment not working out, advice please!!
We are new to property investing and naively jumped right in with three multifamily properties. We’ve had them since April ‘21 & we are carrying the mortgage on all three as they do not pay for themselves. We’ve h...
Wendell Butler
House Hacking - Duplex or triplex?
I am currently living in a condo with a roommate helping me pay my mortgage. I re-did the kitchen, floors (hardwood), bedrooms and finished the basement. I am looking to use the equity I built in this condo as well as...
Drew A Roque
Pay off student loan right now... or buy first property?
Hello Everybody!
My name is Drew Roqué, 22 years old, and I am aspiring to be financially independent! I graduated from a Maritime Academy with a 3rd Mate’s License and I am now working for a shipping company. To mak...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Jordan Meyer
Rental owners: do you care about property management fees?
There are some new discount property management companies that charge 5-6% (instead of the more typical 9% in Utah or California) and have data showing that they keep vacancy and rents the same as the 9% alternatives....