Jeff Caravalho
SD IRA (or solo401K) question
Hi BP,2 part question: 1. Can I start an SD IRA (or solo4 401K) without forming an LLC (fees would destroy ROI). I am looking to invest in performing mortgage notes that are passive (no trading, note terms longer tha...
Kelly Cynamon
Where is everyone investing these days for both STR and LTR?
Hello- I am based in Southern CA and there are limited options for getting a good deal here. Curuous where everyone is investing? cities/neighborhoods? and STR and LTR and why? I have one investment property that was ...
Bill Mitchell
Will Cash Flowing Rentals Disappear When Interest Rates Increase?
As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...
Sean Miku
BRRR/STRP Management Lease?
On a traditional BRRR, you refinance with an executed long-term lease.
Has anyone had their management company sign a LTR lease guaranteeing the minimum lease amount of rental income for the refi and then have the m...
David Mesteth
The good, the bad, and the ugly
Can Someone educate me more on what a good, bad , and ugly deal look like numbers wise? TIA. I want to get the best understanding and I believe this group is the place to get it!
Cody Smith
Selling my rental before the lease is up
Hey BP, thanks for stopping by my post!I have a bit of a moral dilemma. I have a current LTR that I have gained about $80,000 in equity since purchasing. I began exploring STR properties recently, and after much resea...
Jason Malabute
MET GARY LIPSKY LAST NIGHT
Last night was an extraordinary evening for me as I had the privilege of attending a meetup where I met the renowned author of "Best In Class" and the esteemed Syndicator Of The Year, Gary Lipsky. His insights into re...
John Barnes
Taking Over a Lease Option?
We have a proposal on the table to buy a property with a lease option in place. We would be buying the property for $30,000 and the lease option is $700 per month rent until Jan 2016 when the tenant is buying the prop...
Account Closed
I can generate 40-60 leads through door knocking a month....
If I am able to generate 40-60 leads a month by door knocking. What do you think that will translate into in terms of sales?
Zachary Taylor
Borrower has passed away
Here is the scoop:
BPO is $35KThe borrower has passed away and a relative is now living in the house. No payments have been made on the note since March 2016. City and County back-taxes amount to $1,110 and propert...