First, thank you to the BP community for all the helpful knowledge and insight. I just discovered this amazing resource last week and have already learned so much!I am hoping to purchase my first rental property in th...
Looking to see what type of SDIrA others who invest in notes are using --> checkbook or custodian. I don't like all of the custodian fees, but I think it is safer (with regards to the IRS) than the checkbook.I'm ...
I purchased an investment property 3 years ago. At the time of purchase it appraised for 96k. Over the last three years I have been losing about 10k a year on the property. I recently had it reappraised and the app...
Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...
I have been frequently adding into my IRA while saving money every month towards my first investment property. I just wanted anyones opinion on if i should continue on my routine or stop putting money into my IRA mont...
Investment Info:
Mobile home note investment investment in Scottsdale.
Purchase price: $1
Cash invested: $25,000
In negotiations with a mobile home park owner (friend of mine) who has a park in Arizo...
Hey folks,Roughly how much value does adding a legal ADU to a duplex and converting it to a triplex bring? The duplex is in the Inner Sunset in San Francisco, and the 2 existing units are 2BR/1BA 1200-1300 square feet...
Hi BP,I am trying to explore an idea about HELOCing my current home to buy rental properties. Has anyone on BP done this before and what are the inherent risk I should be aware of before processing with this creative ...
My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
Greetings!
My partner and I visited Detroit MI this past weekend and found 2 deals:
TRIPLEX for $50k with ARV of $130k with one unit already rented at $1000 & the other two needing about $30k to rehab. Addres...