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Hi, this is my first post here, thank you for any help you can give me, in advance! We have a duplex that we rent out. There is a single bedroom unit on the first floor, and a three bedroom unit taking over the top t...
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I'm going to stop working in next few months, and spend the next 2 years doing my masters. I have about 60K in my current employers 401K that I will have an option to roll into an IRA once I stop working there. Sinc...
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Hello BP friends, I am looking into wholesaling and I am not sure on contract verbiage. Here is an example of my question.I get a property under contract to buy and or assign with a 45 day term to close. I am unable ...
So I have a tenant moving out at the end of the month and is not open to allowing me to show the house to pre-screened potential tenants in a supervised fashion with a totally flexible schedule. I explained to her th...
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Hello everyone, this is my first post. Glad to be here. As an agent, I've handled several short sale closings. After several painful deals, I came across a local investor who wanted to partner up. Her expertise was al...
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Hey Guys! I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan). I have had some people tell ...
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Hello Everyone!There are many things I would like to say to "new investors" that I have learned on my own. First off, don't waste your time on all the so-called "gurus" what they are selling is motivational talk and t...
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Hello,I am just starting my real estate journey by reading various books on the topic. Why is it that passive income is touted as such a major benefit of owning rental property? It seems that the same profit could be ...
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Hi BP,
Its been a while since I posted here. I have been learning a lot from all of you. :)
Here is what bothers me now. I bought a duplex in Sacramento 6 months ago. Since we put a new tenant in on the unit (the ot...
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I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...