![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/364499/small_1621446845-avatar-jcalcanis.jpg?twic=v1/output=image&v=2)
BP,I've been searching and there are number of LLC posts. What I haven't found is a way to get similar protection of my assets without putting the properties into an LLC.Here is my issue. I bought the two properties o...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/128828/small_1621418222-avatar-graelb.jpg?twic=v1/output=image&v=2)
I'm a realtor in Oregon. My principle broker last week dropped a bomb on us, saying that balloon payments are going (have gone?) bye bye, and that most people who are going to carry notes on their own properties, will...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/34604/small_1621367344-avatar-jbudka.jpg?twic=v1/output=image&v=2)
It seems in this day and age, I constantly find myself looking to men of the past for guidance and advice: Warren Buffet, Abraham Lincoln, Dale Carnegie, Earl Nightingale, Thomas Jefferson, just to name a few. I do no...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/138363/small_1665449567-avatar-kevin512.jpg?twic=v1/output=image&v=2)
*This thread hasn't been written to instill fear or troll other investors!So I am a new investor in the market (in Pensacola, FL). Important to note, that even though I have a professional degree and make over $100k a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190548/small_1621432102-avatar-mindyjensen.jpg?twic=v1/output=image&v=2)
Harvey damaged 203,000 homes in Houston - at least that's the number I read this morning. I'm sure it's going to go up. I read 90% of homes destroyed did not have flood insurance.Irma looks to be headed to Florida. Sh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37326/small_1621388566-avatar-seawolf177.jpg?twic=v1/output=image&v=2)
Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2054/small_1621345912-avatar-r2d246.jpg?twic=v1/output=image&v=2)
Oh man...my back is killing me...
What started as some basic advice to some guy who pm'd me turned into a small essay. So anyway who knows maybe some other people who are starting from scratch could benefit from this...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/482916/small_1696451925-avatar-robertc92.jpg?twic=v1/output=image&v=2)
Hi,I'm a first time landlord, long story short I had a potential tenant very interested in the property that cleared all the checks.The tenants were having a baby soon, and the wife was making the larger income of the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1297233/small_1621511092-avatar-jordanl109.jpg?twic=v1/output=image&v=2)
I am a 16 year old sophomore in high school. I want to get my real estate license at 18 and start working the business then. Over time I want accumulate a portfolio of 1,000s+ cash flowing multi family units. No matte...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2720181/small_1731791413-avatar-jarrodo7.jpg?twic=v1/output=image&v=2)
2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...