Hey BP Family! I have a family member who is near and dear to my heart, and they've come to me for advice and I unfortunately don't have enough knowledge to point them in the right direction. They are in their early 6...
Hi everyone. We're looking at a property we're thinking about buying that is located in a Flood Hazard area (as designated by FEMA). However the owner of the house next door was able to get a flood elevation certif...
I remember seeing these posts years ago. Matt H. (OP) seemed to be on top of the world back when he was an active member. He was riding the appreciation wave all the way to the top.
Here's a post that caught ...
Hello,My name is Andrew, I’m 21 years old, and I have been floating around the investor space for about four years now. I got talked out of investing by family and friends when I was 17, but have since returned, and I...
Something worth looking at.
CFPB Issues Rule Affecting Evictions
April 21, 2021 by NARPM Advocacy
The Consumer Financial Protection Bureau (CFPB) has released an interim final rule that would, in their words, provi...
Hello BP Community, can anyone provide insight on the practicality of using a living trust to hold rental properties vs an LLC for asset protection? Thanks, Cheryl Burd
With an increasing number of mergers in the banking industry it’s no doubt that increased regulation under Dodd Frank has a role in it. Donald J. Mullineaux explores this topic more in a recent article from American B...
1)How do you get accurate financial numbers on a potential property?2)Who do you get the accurate financial numbers from?3)What is the point of a pro-forma if the numbers are altered and made to look good? Why not jus...
Hello, I am approved for a conventional loan with 3% down for up to $300,000. My goal is to replace my current income with cashflow from rental properties. In this situation, what would you do? How would you start?Lan...
Today I am not in a financial position and have not owned my invest long enough to have a pool of cash to pull from if there is a large unplanned repair. I was wondering what others think of utilizing these warrantees...