First of all, I am a new real estate investor. My general strategy is buy-and-hold. I live in crazy California, so my real estate world is pretty bizarre.But, I think that a first time investor should think about star...
I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan. Was given the contact info for:American Money Loan Services and the person’s name, Tom Vanderlaan...
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
As a goal setting exercise and to be sure I'm focusing my education in the right areas I'd love your input on the following:I'm seeking 350k+/year in net passive income. How would you design the portfolio? What exact...
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
So I have recently taken a job in Dallas Texas and was planning to sell my home in the east Bay Area. This job change and move was unexpected and we have only been in our home for about 9 months. It was not purchased ...
I have done 5 deals in the last 5 years and it has been a home run every time except for my first out of state property. I purchased a property through a "wholesaler" in AZ. The property looked great but I clearly did...
Currently live and operate in Norfolk, Virginia, and while on vacation visiting my wife's parents in San Diego, California I can't stop thinking I'd much rather pack up all my stuff and move out here. It's nice all ye...
Hello BP family! My husband & I are looking to invest in a SFH in either West NC or East Tennessee, our goal is to buy near the Smokey mountains and run a STR until we move into it years from now. Would love any i...
Good morning all,
So I am on this site every single day, and I love it. I haven’t been posting anything because I have been trying to contain my excitement about this whole process. We (my wife and I) had decided to...