Fausto Carosella
Massachusetts Landlords--Late Fee question--Conflict with BP form
Hey all,Purchased Mass Landlord forms right here from BP... trying to help a buddy out who bought his first home that has an in-law apartment. The lease I purchased states: "Any payments paid after the _____ day of an...
Daniel Hart
I lent money, foreclosed on property, am reselling, what is my gain?
I lent $30,000 from my LLC on a property. I then later lent $15000 in 2nd position from my IRA on the same property. I had to foreclose, and choose to foreclose with the LLC. The 30k plus back payments added up to ...
Justin Monday
Experience with Property Managers
Hello BP,I am looking into Property Management in the central valley, and I wanted to ask you guys what your experience with property manager was/is like.What are the most valued things you believe they contribute?Wha...
Chance Cooper
TSP or Rental Properties?
I am in the Military and I have a ROTH IRA that I have through USAA. My superiors that have been in for over 20 years tell me I really need to do the TSP also...Any of you ever done the TSP?Would you invest in the TSP...
Chris Collins
Drummer from Los Angeles! Brand new investor interested in buy and hold Rental Income Properties
Hey there, My name is Chris Collins, 33, from Los Angeles, CA. Married with a 6 month old son. I work in the TV industry as an editor, and also play drums in a few bands. I make a pretty solid paycheck, but having ...
Andrew Rudahl
Is this a viable strategy?
A friend and I are both looking at starting a partnership. The idea is we would split a 20% down payment and then after closing, his parents would cash us out and get either 20% equity or no equity but a great guaran...
Account Closed
Prohibited from owning another property for 3 years
Under the Good Neighbor Next Door (for teachers, police, firefighters, and EMTs) program from HUD, you take on a second "silent" mortgage for the 50% discount off the appraised value, and must OO for 3 years to receiv...
Yents Ybrimovic
203K loan new investor question
Hey guys, me and a buddy are looking into get started into investing in rentals, as 50/50 partners.
My friend owns a house. I do not. If we were to find a duplex/triplex/fourplex that met our criteria, I was thinking...
Kyle K.
EIULs-- Equity Indexed Universal Life Insurance
I've heard some intriguing things about EIULs which are basically investment grade life insurance policies that can build up cash value for tax free use later in life.
Does anyone on here have an EIUL policy? If so, ...
Chafic El Amatoury
Conundrum for the Knowledgeable
Hey guys,
I'm a young starting RE entrepreneur, been studying and learning for years, and now I'm launching with a major Househack and would love some guidance. I just got approved for a 400k FHA loan, want to use...