Cliff Pelfrey
Hard Money Legal Issues
Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed? As a private Lender do you have to provide a GFE, Tr...
Mike Girard
What about Kensington in Philadelphia?
Philadelphia is proving to be a tougher nut to crack than anticipated. Everything desirable is too high for me, since I would like to pay cash (max 250k) (bad credit risk due to no income) Kensington seems to have s...
Mike H.
Depreciation does not cover rent. (50% land). Help
Hello,when I make the cashflow spreadsheet of almost any house (SFH, MF) around here (San Diego, California) I cannot manage to deduct enough taxes to cover rent. Am I doing something wrong?Most of the properties here...
Mitchell Litam
Is BRRRR a risky strategy for first time buyers?
Hello BP Family!After listening to multiple podcasts and reading books it seems like the BRRRR method is well received and makes so much sense because it allows your money to go further.My question is it tougher to do...
Michele Fischer
Ability to exclude a person from the premesis
Background: We rent a 3 bedroom house to a grandmother. She has her grandchildren live with her intermittently as needed. Not uncommon in low income households. Two of the teenagers are authorized on the rental ag...
Jason Byrne
New Landlord... Buy Property in Cash?
I'm 33 years old in Orlando, Florida area. We are currently three weeks away from closing on a new house that we are building. We got underwater on our current home by buying at the wrong time, but we did refinance a ...
Jayson Greenblatt
Buying turnkey properties only
I want to hear from investors who only purchase turnkey/out of state properties. Id love to hear your success/failure stories. I love the idea and concept of out of state, turnkey, but I feel that the low cash flow do...
Frank Ruopoli
Newbie and question on REO's
Hello my name is Frank. I am as new to this as it gets. This is my very first post. I have a family of four and am a sole provider working full time. Wanting something better I read rich dad,poor dad like over night a...
Art T.
Debt to income ratio with investment property?
I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
James Lee
Contracts Reviewed by an Attorney
Is it recommended that all wholesalers get their contracts reviewed by an attorney? The cost is about $500!!!
Sean Terry and other wholesaling experts give out their contracts so isn't it pretty safe to say that t...