Aaron L.
Borrowing $100k from a friend to invest??
Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
Eric Medemar
WHOLESALING 101 Housing Panic Strategies
One of the biggest rookie mistakes that I see newbie wholesalers make is that they want to start looking at real estate BEFORE they have any buyers....
Even when things were decent with our housing market I would nev...
Michael Zuber
Can a 25 Year old be Financially Free by 35?
I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
Chris George
no cash and no credit
I am sure that I am not the only person out there that has this problem, but I have finally come to the realization that because I have no cash and crappy credit that a hard money lender is the only way to go right no...
Bart Nakielski
National market in a recession?
I think that the market has been spiraling into recession well over the last three or four quarters. Technically, I believe we are in a recession now but the media is keeping it quiet. The holiday shopping,GDP decreas...
Curtis Bidwell
Empty Restaurant needs ideas
I had a good fine dining restaurant in a 3500sf space when we purchased the mixed use building (38 residential units upstairs, 3 office/retail and a restaurant on street level). The owner/chef got distracted and w...
Ryan Cauzza
New Investor with capital
My family has owed a modest size cattle ranch for close to 100 years in the mountains above San Diego. We are selling a piece of it but because of the capital gains tax we would be subjected to we want to do a 1031 a...
Stewart Thompson
Newbie But In Need Of Direction
I hate to do this, but I do need some specific answers as I have a weird and limited situation.I currently work for my father, but I hate it. Those of you who have worked for family may be able to relate to that. I ha...
Sandy Brown
Realtor Lied - Ethics Question
We wanted to put in an offer to buy a condo which was just put back on the market after a buyers financing fell through. Our realtor spoke with the sellers realtor and the sellers realtor said that no offer will be ...