Scott Pillsbury
Am I going to lose my Earnest Money?
I was about to close and the bank (Better. com) denied me for not having a long enough work history. We went over this many, many times and I wrote a letter explaining my work history working as a yoga instructor and...
Robert Trevino
Protecting your Investor when BRRRRR'ing
Hi BP, I have been diving deep into the BRRRRR strategy the last few months. And there is one part that I want to be clear on. If you could help me clarify it I would greatly appreciate it! When finding a private lend...
Puja Shah
Sell rental that generates 4.5% in Minneapolis to buy better...
Will the cost of agent fees, listing, closing cost etc make it a pointless excercise.It’s a fully paid 270k condo that generates 1750$/month and has a 500$ association fee. great neighborhood around losing park in Min...
Cariza Abinguna
401k to fund property
Hi guys! I have a good amount of money from my 401k from my previous employer. I didn't do anything to it once I left my job back in 2020 so its just sitting in my account. I would like to cash it out and use the fund...
Jonathan Trimboli
$3 million cash in your hand
If you suddenly had $3 million in your possession, what would you do with it?
Joshua Andrews
OPM & Notes
This post is for you more seasoned transaction coordinators out there. Any feedback is appreciated!I'm a newer note investor, picking up a few deals (performing and non performing). I have started sharing what I'm do...
Jeff J.
Managing a rental from another state withut a PM?
I manage two 11 unit apartment buildings myself but we are planning to move to Florida (from Minnesota!) in a few years. I would hate to hire a PM company to manage my properties. Is is possible (have others do...
Jason Bourne
Local Budget Motel Problems
Hello everyone, I have this problem I am trying to solve for my parents. They own a local private motel in the state of Kansas and it is not doing good at all. My dad is having trouble with payments. There are no buye...
Ivan Chavez
Protecting yourself from potential bad contractors
I’m currently in the middle of having a construction loan completed for a single family home that will become a rental. I’ve got my general contractor set in place and have signed all the documents needed but am alway...
Terry Royce
First property under contract
I just put my first property under contract this afternoon. They were asking 200k, and I offered 155k over a month ago. They did not accept on the spot. They called me today and wanted to sign the contract.
I have s...