Steve Hodgdon
My 1st NPN
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Philip Bashaw
Up to $25,000,000 (yes 25 million) to invest
Hello BP People!I figured this might be the best place to post this and get feedback. Through networking, I have perhaps stumbled upon the golden goose that all real estate investors seek. No offense to a the hard mon...
Account Closed
Multifamily Courses - Brad Sumrok or Neal Bawa?
Hi everyone,
I am looking for some advice on which Multifamily course to take.
My Goal- planning to purchase a 5-20 Unit property in TX, FL or AZ (NOT 50+ units). I will need to place this under property management ...
Saika Maeda
ADU permit or not; financial implications
Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy. An architect told me that even though ADUs should not be bigger than 50% of the main hous...
Russell Sherman
Cashing out of high gain home
I would like to get opinions to help me determine my best financial options.I am 59 and last year was forced into retirement and also got divorced. My settlement was a single family home I purchased for $295,000 in t...
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
Since the NAR Sitzer-Burnett lawsuit settlement, I expect that innovative brokerages will start offering flat fee buyer services. From watching Reddit and my area, it appears to be the case. Flat Fee Buyer Agency is i...
Dick Green
Have you read the Health Care Bill?
How many of you have read a good portion of the health care bill?
I must admit, I coudn't sit and crack out 1000 or so pages of legal jargon at one sitting but, I did find a site with some bullet points, then I loc...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
Richard Heineman
Velocity Banking Strategy
I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...