Danny Randazzo
Who’s Unhappy with Their 401-k?
What have you done to make the most of your retirement accounts (401k, IRA, 403B, ESA, etc.)? I recently converted an old 401k that wasn’t doing much for me into a self direct individual retirement account (commonly r...
Cedric Jenkins
Is it impossible to overcome a minor mold issue?
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
James H.
203k deal is going very poorly, advice?
I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
Eric Noble
How to sell a house despite lower comps
I'm planning to liquidate my rentals and my personal residence - move to AZ. I'm looking for creative options/agent support for my personal residence as it does not align well with the comps of my area. Thanks
Raul Pedrozo
seller financing to home occupant - Dodd-Frank
Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
David Hanson
How much cash flow and cap rate is enough?
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Marisa Alvarez
LLCs in Wyoming for Asset Protection
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Maria Fernandez
Seasoned real estate agents... tips becoming a successful agent?
I’m am having a hard time creating a plan for getting started on my real estate business. I feel I don’t know enough information to feel confident enough to guide someone in the process of buying or selling real estat...
Ed S.
Direct deposit: is the rent late or on time?
Hello BP,I'm thankful for such a place where I can get experienced advice. Here's my situation. Rent is due on the first and my grace period is 3 days, so on the fourth its late. I haven't had a problem with any of my...
Michael Ealy
Apartment Syndicators - a call to protect your investors' MONEY
I see a lot of apartment syndicators lately...of pushing deals that to me - are MARGINAL at best and downright RISKY at worst.I mean I see deals where the project IRR is only 15%-20%. That level of IRR is MARGINAL and...