Tim C.
Crowdfunding vs Turnkey -for passive investing/ wealth building
Hello good people of BP! I'm currently a armchair Crowdfunding RE investor and have been researching turnkey investments for passive income and wealth building. I have had pretty good #s ( 8% cash on cash) on aver...
Chris Park
Guest house tenant running A/C all day. What to do?
Guest house utilities are shared with main house under my name. New tenant and he’s running the A/C all day and night even when he’s not there for long hours at a timeI’ve told him to be mindful and turn it off when ...
Account Closed
I have 10k to invest, Cant get a mortgage! What would you do?
Hello Everyone
For the past few months I have been unable to get a traditional mortgage with a bank for various reasons, I am honestly tired of it holding me back! I have decided to look for a property using seller f...
John G.
Help. Mortgage says LLC is a no-no!
Hi all,
I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed after the loan is secured. He said I can't do that. And that I'll need commercial lendin...
Greta Andrews
Cash Value Life Insurance VS Self Directed IRA
Cash Value Life Insurance VS Self Directed IRA
I know the two aren't usually talked about in the same breathe. Each would be compared to other products in the same wheelhouse. And they would be introduced by very...
Account Closed
Memphis. Market Analysis. Pros and Cons
Some I have been investing for almost a year now and feel like I have learned a ton. Ingot properties in both Indianapolis and Birmingham and have now sparked an interest in Memphis. The reason I like Memphis now is...
Adam Bartomeo
Are You a Multi Family Sheep Being Lead to the Slaughter
Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
Mehran K.
"What If" Section 8 Were No More
Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...
Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Brie Schmidt
Will there be another recession?
Are we going to have a recession this year? Historically, every time we see low unemployment it is followed by a recessionNow we hit a 17 year low for unemployment rate, so what does that mean?So will it happen? Wha...