Greg Moore
Anyone moving their investments to Bitcoin?
After watching a YouTube video from Ken McElroy stating 2020 is a wash, 2021 is the time to save up, and 2022 is likely the time to buy (when properties shift from motivated sellers to foreclosures to REO) I decided t...
Dan Handford
Should Syndicator for Multifamily Invest Their Own Money In Deal
Alignment of interest is one of the most important things in any real estate syndication deal. The alignment of interest is when the syndicator actually puts their own money into their deals along with their investors...
Sam Leon
Leveraging funds in 401k how to get up to speed?
When it comes to tax and financial planning I am dumb as a stump!
I always find out about tax consequences too late.
By way of an example, a few years ago I had a substantial amount of fully vested c...
Luis Montanez
Is this why the economy is the way it is?
Today I had a meeting with the Branch Manager of a commercial bank. I took my 2 binders detailing out my 5 C's all suited up and ready to get that Business line of credit or approval to get a commercial rap loan for ...
Joel Owens
Multifamily Getting Frothy - The end is near.
MULTIFAMILY FROTHYSo I have been saying this for years now. The cap rates multifamily is trading at is crazy.Lot's of sellers pushing the idea of never ending above historical market rent growth and little to no vacan...
Bill Patterson
Anything You Want Me To Tell NAR?
Is there anything you want me to tell the National Association of Realtors about short sales? I'm not sure if Josh will allow me to mention another forum on BP, but I'm in an interesting discussion on LinkedIn, The N...
Jason Staine
recommendation of banks for Solo 401k checking account
Not having an easy go of finding a branch that can hold a checking account for our solo 401k. we are in North Jersey. Any recommendations would be great.
Charles Player
Can a portfolio loan help me?
I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
James Maness
Apartment Complex
I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
Richard Jump
Self Directed IRA Investing Scenarios
Hello everyone... I recently set up and have moved money into a Self Directed IRA. I initially thought I would loan money on a short term basis to a group that bought, rehabbed and sold properties, but discovered oth...