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I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
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Hello BP, There is a 3/2 SFR in Las Vegas with a wonderful location to parks, schools, shopping, etc and I'm considering purchasing for my primary residence. The home is $10k undervalued for the area. It is a small fi...
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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
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What were the first 5 steps you took to get started on your real estate investing venture?
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I'm 33 and looking to relocate. I was an interior designer (cabinet sales basically) in Denver, Colorado before the corona. Now I'm provided with a new opportunity. Im not going back to my old job and I can basically ...
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I'm proud to say that my group closed on a 250 unit yesterday. It's the second deal I've syndicated and both of them have been over 150 units (first one was 168). A couple syndication and multifamily lessons I've lear...
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Hi all! I'm in process of closing on a 96k rental property and trying to decide btw 15 and 30 year mortgage. Below are numbers:Purchase price: 96,000Down payment: 20%Interest rate: 3.125% on 15 yr, 3.85 on 30 yrMont...
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Just closed on my first SFH 2 weeks ago and I am AMPED to have finally defeated paralysis analysis and joined the club. Quitclaim deed has been initiated and the property is officially in the LLC's name. Let the fun b...
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Hi everyone,
I noticed that there are hardly any success stories being posted by investors in NY. Primarily around the five boroughs. I have been digging through the MLS hoping to find a diamond in the rough accordin...
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I was served with an eviction for late payment of rent and we had court December 4th. We both showed up but the landlord stepped out and when the judge called for us she didn’t come back in the room so I was asked how...