Nathan Gesner
California ramps up the crazy, wants to own 45% of your home
The California Dream For All program wants to help minorities own a home. How will they do it? By purchasing 45% of the home! The buyer gets in cheap because they only have to pay for 55% of the home, but then Big Bro...
J Scott
Diary of a Rental Property
I had a blast writing my Diary of a New Construction Project thread, and the feedback I got from that was great. So, I've decided to try another one...this time tracking and discussing the ongoing saga of a renta...
Wai Fung
Infinite Banking Concept, Cash Flow Banking, or Bank on Yourself
Has anybody used a IBC, CFB, or BOY policy to purchase real estate and use the returns to pay back the policy at higher interest rates than the policy charges? If so, what are the pros and cons? What are your thoughts...
William C.
My flip took 11 months...what went wrong?
Ok so that's a bit of a loaded question because I have a good idea as to what we did wrong along the way. The reason I pose the question this way is so that I can get some unbiased, candid feedback regarding this pro...
Keith Saunders
Major Banks Forging Ownership Documents
Just saw a story on 60 minutes about several very large banks manufacturing ownership documents. All related to mortgage forclosures in the past several years. It appears they can not come up with the real title of ow...
Keri J Perez
Offer accepted on a property but don't feel good about it anymore
Anyone else feel guilty or bad at the idea of terminating a purchase contract? We have a property that we put an offer in on that was in "fantastic shape" and it got accepted after the seller countered. But after insp...
Joshua Stein
What makes a good property manager (PM)? What makes a bad one?
I'm one year into having a property manager take over one of our properties, it's mainly great because that income is now (almost) truly passive - probably requires less than 1 hr of time each month.However, my PM see...
Arthur P.
Coronavirus and late or no rent payments
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
Michael E.
Creating my unfair advantage
Hello BP!I just wanted to share my plan for creating an unfair advantage for myself. Another title for this post could be "From adversity to advantage"1. Become a licensed contractor. In Michigan all I have to do is t...
Chris Heeren
Do you pay taxes on your Buy & Hold Property?
I'm curious to see how many people actually have enough deductions to not pay any income tax on their cashflow at the end of the year? If you own buy and hold properties, do you pay tax at the end of the year, or not?...