Maricruz Romero
Questions to ask a wholesaler about a deal - Philly Deal
Hi BP,I am currently looking into a wholesale deal in Philadelphia. I am a first time buyer so I want to make sure I ask the right questions if I decide to buy from a wholesaler. I am currently looking into a wholesal...
Jonah Kolsrud
Solar Panel Use for Tax Advantages/Cash Flow on Rentals
Hey BP members, I was doing some research on tax advantages to switching solar in South Carolina for rental properties. From what I can see there is both a state tax credit (25% of the total system cost up to $35,000)...
Henry Lazerow
FHA increases multi unit limits for 2021!
New limits. These go in affect after Jan 1. The biggest change is to 4 units which are my personal favorite type of building for cashflow and house hacking. The self sufficiency test still applies to 3/4 units but man...
Ty Carl
Money tips for Teens
Hi BP! Im writing this post to ask for a little help. Im a teen with a job. Ive decided to start my financial freedom and real estate journey early. I was wondering if theres anything I should do when it comes to m...
Account Closed
Does Real Estate have to be personal?
I have always considered Real Estate a personal business. The traditional Realtor who builds relationships and gets their clients that way. The investors who network at meetings and become friends. The schedule can of...
Bryan Igboke
Shared Driveway With Neighbor
I am soon to close on my first rental property (so excited!!). To be precise, I am househacking and living in an adu conversion in the back. The deal is great on paper and everything has gone very smoothly so far.One ...
Paweł Terlecki
Who pays transaction broker's fees?
Hi, I am sending an offer for a condo in Florida. I am not using a buyer's agent due to pretty bad experiences so far. The listing agent asked me to sign a transaction broker agreement with his firm that includes a co...
Tyrone Perry
Is a balloon mortgage a bad idea for investment properties?
Looking at buying my first investment property. I believe my lender is suggesting a 20 year amortization with a 5 year balloon. Is this a bad idea for an investment property? Hopefully this isn’t a dumb question. Than...
Rashmi Nigam
Invest savings or IRA money to join a syndication?
Thinking of joining a syndication that has a 10 year horizon. Wondering if it is better to put our cash savings into it vs. investing via our IRA? Would love to hear pros and cons of cash vs. IRA and any gotchas to lo...
Nick Mazza
Making Offers (Not Purchase Agreements) Without a Realtor
I've been working on buying a few rental properties in my local area (smaller cities, < 50,000 people) and was wondering if it was possible to submit 'offers' to the sellers agents without a realtor. Most of the h...