Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Coleman Nelson
Tips on Setting up New Property Management Company
My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
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...
Tristan Toliver
250K of Equity - To Sell Or Not To Sell?
Hello all!
Last Saturday marked the 1 year anniversary of the purchase of my first investment property. Definitely a lot of ups and downs but I'm glad I went through with it. With renovations and market appreciation,...
Alex Carpio
Canadian real estate
Hello BP!My name is Alex from Ontario and I'm a new and aspiring real estate investor. Looking for guidance on opening up business accounts for someone starting in their personal name.Which Canadian business accounts ...
Edward Stephens
Goal Achieved: Duplex House Hack
Hey BP Family, I want to thank you all for the great advice I've received over the last few months; it's all starting to pay off. A week ago today I closed on a duplex in Olathe, KS using an FHA loan. Two days late...
Eric Lee
Dallas Rental Property Market (newbie seeking info)
Hi Everyone!My name is Eric, I live in Addison TX, and I work in healthcare IT. I've been a BP member for a while now, but this is my first post. I've mostly just been in the background, reading and learning as much...
Kent R.
Wholesaling Lease Options
In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...
Renee Chase
New Invester, 300k, No tax returns, 62 years old
Good morning! I’m really hoping you guys can give me some guidance. Here is my situation. - I’m 62 years old and have 300k to invest. - I don’t have tax returns, so a conventional loan isn’t going to work (as I under...
Ryan D
Truth in Equity - HELOCs
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...