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Results (10000)
Mark Fulop How to not get defrauded by a fake private investor?
23 October 2016 | 6 replies

My name is Mark Fulop I am a  mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...

Max McQueen Multi-Family or Mid-term Rental?
25 January 2024 | 9 replies

Hey BP Family, I'd love your insight on this.
I'm currently weighing two intriguing options: house-hacking a 4-plex or venturing into the realm of a mid-term rental with a single-family home or duplex, particularly f...

Account Closed A good deal? NOT!
19 February 2007 | 4 replies

A few weeks ago I made a 155,000 offer on a house listed for 177,500.
It had a couple of problems, but would work for me, as either residence or rental. At that price, as a rental it would just pay for itself.
Anyway...

Bob Maloney Filing Taxes for LLC - using Form 1065 K-1, etc
3 May 2009 | 7 replies

I am member of a LLC (more than 1 member) that was formed in 2007 and we buy and sell residential property. I am getting ready to prepare tax form 1065 (and the related K-1 forms). We have bought & sold 2 proper...

Camille Johnson Should I work with my brother?
11 September 2019 | 12 replies

My husband and I have a renovation company and real estate investing group in the greater Chicago area and do pretty well. My brother lives in Orlando and is struggling financially. I have the idea to teach him wholes...

Javier Perez-Karam High Crime rate area?
1 April 2016 | 11 replies

Hello BP Community!What are your thoughts on buying something in high crime areas?There are some places around Newsburgh NY (one of the most dangerous cities) that can be have for very little. I don't want to leave th...

Craig Montesano As a buy and hold investor how important is location, location, location
9 August 2013 | 12 replies

Hi BP

Location, location, location .. ....How important is this to a long term buy and hold investor?

The market I invest in is a small one. I currently have 5 sfr. I'd say 1 is in an "a" neighborhood....

Stephon Shaw Borrowing Money from 401K
17 February 2022 | 13 replies

Good Day BP, I need a second opinion.  Would it be logical from me to borrow money from my 401K to purchase a home whether for myself or for rental purposes? Can this be done? Are there any other strategies you'd sugg...

Ian Thompson To house hack or not? Helping my mom
8 July 2022 | 8 replies

I just got married, we live in an RV currently by choice (On parents land), I make $70k currently but have to drop the job because we absolutely cannot stand Michigan weather any longer and want to live in KY,TN,NC, o...

Nicholas Carelli Buying My First Property in the City
18 August 2016 | 7 replies

Hello Everyone,I am 25 years old and I have been living at home saving money since I graduated college in 2013. I am hoping that within the next year I will leap into the real estate market with the purchase of my fir...