Darius Tracy
Where are you storing accumulated capital until next investment
Me and my wife practice many of the principles that we have learned along the way through the help of BP money podcast, countless books, and other resources such as a high savings rate and living a lifestyle well belo...
Patrick Sears
Best accounting software for note business
Hello,Just curious as to what everyone is using for their note buying/selling/originating business? I'm currently using Quickbooks 2007 for my rentals, and have been thinking of updating to the newer version to go al...
Justin Grubbs
Seeking input on a functionally obsolescent property.
So there is a very large building in my area that was built in the late 1890's and they continued to add to it throughout the years. During the due diligence process I found out that it was primarily a toy factory and...
Eric Eckman
Straight to LLC or not?
I'm preparing to buy my first rental property, single family. Ultimately I hope to have several and plan to own them in an LLC. My debt-to-income is such that I could definitely qualify for a traditional 30-year mortg...
Danny Duran
Parking Canopy to Catch/Divert Snow - Recommendations
BP Community--I'm under contract on a 4-flat property here in Chicago (thanks for all your help @Brie Schmidt !) The rents are under market on all units (which I intend to re-mediate ASAP).Behind this property, there ...
Steven Jones
Is an inspection necessary before purchasing FSBO?
My offer was just accepted on my first FSBO purchase, which I intend to flip. So far I have had two general contractors give estimates on the rehab cost and all of them agree about the extent of the work needed (total...
Anna Watkins
My recent Tax Lien Auction experience in Tennessee - lost, but got an education
I went to my first ever tax lien auction on May 20, in Franklin County, Tennessee (my home county). TN is a "hybrid" state -- if you win the auction, you get a first lien on the property, and if it's not redeemed wit...
Cesar Perini
WWhat’s the advantage of buying with all cash?
For my first investment out of state...Originally I wanted to finance multiple homes but I feel I can get a better deal by offering an all cash offer. I can always refi up to 75% after I get the home and reuse the 75%...
Greta Andrews
Cash Value Life Insurance VS Self Directed IRA
Cash Value Life Insurance VS Self Directed IRA
I know the two aren't usually talked about in the same breathe. Each would be compared to other products in the same wheelhouse. And they would be introduced by very...
Angello Campbell
Guidence purchasing first Multi-Family property
I am a beginning investor that is trying to purchase my first multi-Family property (5-15 units). I keep readIng MultI-famIly Is where the money is. My current situation is outlined below, and I was wondering if it’s...