Account Closed
How does money laundering work in a real estate investment firm?
I AM NOT ASKING FOR ADVICE ON HOW TO DO ANYTHING ILLEGAL! Lol.I used to know someone whose dad owned a real estate investment firm that had 5.5 billion of assets.They told me that there is a lot of money laundering th...
Paul Smythe
The end of the mom-and-pop investor?
The title is dramatic, but I do wonder if your typical mom-and-pop that's just starting out is going to be able to build a legitimate (cashflowing) rental portfolio in the current market with large institutional buyer...
Zach Lincoln
Investing Retained Earnings
Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...
Cam Mckin
should i get my own realtor since i made an offer on a house with no realtor but agent still wants 6%
hi everyone this is a follow up to my previous question i am thinking that if i have to pay this realtor that is representing the seller 6 percent i might as well get my own realtor to represent me. mainly because th...
Larry Smith
2% rule when house hacking?
Hello BP, I am currently looking to house hack a duplex here in Toledo Ohio.I am able to get a Fha Loan on the property because I will be living in it. The bank also has free 3% funding for houses in lower income area...
Jordan Akins
My dad needs help with his decision to sell his apartments.
My dad has about 35 doors in one location which is his main source of income. The units are probably worth $2mil and are bringing in probably $20k a month. The units are about 25 years old and have not been serviced g...
Vincent Crane
Faster road to financial freedom?
Hi everyone,This is my first post ever on BP, and I'm a huge fan. I've watched every single podcast and just found out about the site a month ago after reading.. Rich Dad Poor Dad, of course. I'd love to get some of y...
Chris Colvard
Short Sale Nightmare
My friends daughter came to me with the following story asking for help.
Seller is approved for Citi short sale. Listing agent finds buyer who submits offer.
Buyer wants to lease prior to completion of approval by ...
Stephanie Beard
Is there a thing as a fraudulent investor?
Okay. So I don't by any means intend to sound like a complete moron. But here I am, desperate to get into Real Estate investing, however without the credit or the funds, I really needed a cash investor/investing part...
Marc Freislinger
Are you male or female between 18 and 42?
Are you ready to serve your mandatory time in the military?
H. R. 5741
To require all persons in the United States between the ages of 18 and 42 to perform national service, either as a member of the uniformed servi...