David Rosenfield
Should I take a DSCR loan or pay cash on a 210K property?
Hi all. First time poster here but really need some advice. I'm under K on a 2 BR/1 bath condo in Myrtle Beach that I've spent several months looking for. It's a good deal: 210K and I'll at worst break even in 8-9 ...
Jonathan B.
Multiple bank accounts on LLCs ? holding structure question
Hi Guys,Currently own multiple properties (Sfr),they are spread out into various LLCs, having couple of properties in each LLC.these LLCs are all owned by and a subsidiary of a 1 holding LLC.Rent is currently flowing ...
Abner Gomez
Learning how to fix and flip
New in BP and RE investing. I have about 80-100k in equity in my house and I am planing to sell the house and get into flipping houses to quit my job because I am looking for financial independence and later get into ...
Dan Kim
BRRRR beginner - getting started
Hello BP,
For the past 4 years, I've been listening/reading a lot about real estate, especially the BRRRR method, and want to commit to put it into practice. Every time I felt that this is the time, I would always p...
Josh Milewski
I'd Like Advice On My 10 Year Plan
I thought it would be insightful to share my 10 year plan here and see how realistic (or unrealistic) it is from people who actually know what they are doing. The first problem I've spotted in my plan is expected too ...
Lindsey Vargas
Tenant wants to mow MY yard
Hi!We just bought a duplex and inherited seemingly high quality tenants. We will be living on the other side and managing ourselves.I am making NOT becoming my tenants friend a high priority but I can tell they would ...
Daniel Pitner
Building a Buy and Hold Empire
My wife and I are 25 and are looking to retire in 10 years through long term rentals. We live in the Phoenix area and have 1 rental currently that cashflows $500/month. What suggestions do you have to build enough ca...
William Corcoran
Need help with PROBATES, please!
Well BP, I'm a little worried. I've been mailing out to my probate list for about 3 weeks now, and have had 0 activity. Well, that's not entirely true...I've have 5 letters return to sender, and two phone calls tell...
Aaron Mund
COP 15 treaty and our economy?
I have just found the draft texts of the COP15 treaty. Section 3 states the we will have to reduce our emissions by 50-95% within the next 40 years. There is even a selection of 95% or more in 40 years. Wouldn’t ...
Patrick Goswitz
good or bad deal?
I was thinking about owner financing a property to a buyer and I need some help to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315,000 (N...