Mark Cruse
Current newbie trends on BP!!
Maybe it's me but I'm just curious if anyone has noticed that some of the newbies seeking knowledge appear to be less serious than before. When I first started coming here people seemed hungry. They were researched, h...
Jon Mbu
Is it typical for a Contractor to request 20% or more upfront?
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Peter Thielemann
Rolling a 401K to a self-directed IRA to invest in real estate
Hi Peter "newbie" here, I'm new to BP and looking for Pros and cons on rolling my company-sponsored 401k into a self-directed IRA to purchase rental properties. I understand you have to go to a Trust Company/custodian...
Robert Arnold
Have you had a loan called after transferring a property to LLC?
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Dhaval Taylor
Do you prefer an Airbnb or a hotel when traveling?
Since the pandemic hit in late March, many are not sure how they feel about staying at hotels or short-term rental platforms such as Airbnb, Vrbo, Booking.com, and Tripadvisor Rentals. Airbnb, with 7.7 million active ...
Donald Capwell
When does it make sense to level a house and build new?
Howdy, all! I searched for an answer to this, but didn't find it... Please just give me a link if there's already a discussion about this that I missed! This question is for anyone that is currently doing this sort ...
Larmon Cummings Jr
Deal Falls Apart At Closing-Lost $7k!!!!
Hello BP Community. I wanted to share a recent experience I encountered in a wholesale transaction that fell apart on me in closing. I want to share this experience so that maybe from hearing this it can help to educa...
Account Closed
Should I let my real estate licenses go?
I’ve had my license coming up on 4 years and I’m debating if I should renew it or not. I’m not so confident in sales nor do I feel that I’ve given it my best shot either. It is pricey to keep up the license and I have...
Dave Vona
Is SFR investing worth the return? An IRR analysis
Hi, I’m trying to decide whether I continue to actively invest in single-family (or small multifamily) long-term rentals or invest with a multifamily syndication. I decided to run IRR (Internal Rate of Return) calcul...
Steve K.
Due On Sale Clause About to Become More Common?
We haven't seen that many due on sale clauses being enforced by lenders over the past decade or so. At the same time, we're seeing some gurus selling strategies like subto as if there is no risk of triggering a DOSC. ...