Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Don Spafford
Has anyone ever used the Velocity Banking Strategy?
I searched for Velocity Banking but did not get anything to return except for some lenders using that name. I just was introduced to this strategy this week and was curious if anyone has done it and what their experie...
David Beard
Turnkey sellers - why are expenses ignored?
It seems that turnkey sellers are sprouting like mushrooms, not unexpected giving all the distressed inventory being snapped up.
Current practice by the largest turnkey sellers strikes me as questionable. Here are a...
Jeffrey Radcliffe
What are you investing in with your Solo 401K?
Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
Waylon Themer
Rookie Mistake: I Lost Money to a Wholesaler
First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Latia Rowland
Turning Wholesalers into the Good Guys
I am in the process of looking for potential/motivated sellers in order to do some wholesale deals (enough to get me the money to do my own rehab/flip). As I've been researching, I see a lot that Wholesalers turn out ...
Latoya Pryor
EMD placed with Title Company
I just got my first contract signed. I was informed from another wholesaler that I should not have turned in my EMD to any title company cause if the deal fails I could be charged up to $2000 by title companies for t...
Michael Guzik
Wholesaling in unethical... why or why not?
Hi guys I was thinking about this today and just wanted to ask this question and see what your opinion on the matter is. Many people in and out of real estate frown upon wholesaling. There are so many negative stigma...
Brandon Miller
Pay off rental mortgage or reinvest?
Hello next year I will be buying my first rental property. I wanted to get your opinion on paying off your rental property mortgage one at a time before buying the next rental or not? The way my numbers will work out ...