Erik Browning
Low Interest Rates: You Pay Extra So You Can Sound Smart
"I got a 6.125% rate on my house because of my expert negotiating skills"
"Oh wow! I need to get like you and also get a 6.125%. How'd you do it Mr. Smart Guy?"
When you are on a never-ending quest to find the lowes...
Jason Merchey
Discount Listing?
What do you think about going with one of those discount brokerages - where you pay for the MLS listing but that's about it? On the one hand it seems wise if your market is strong and your house is desirable and y...
Leah C.
Where to obtain insurance?
When buying an out of state rental property (our first one), would you recommend connecting with a local insurance agent or adding the rental property to your current insurance? We have State Farm covering our primary...
Christopher Lane
Military benefits for investing?
Here’s a strategy that I haven’t seen many (if anyone) talk about and I’m curious to see how the BP family would do it. Below are the benefits (I know of) that I can use:Please let me know if I’m missing anything. 4% ...
David Garcia
Tax Treatment of Gain from Discounted Note Purchase
I own a First Mortgage Real Estate Note with a face value of $90K. I paid $72K for the note, which has a balloon payment in 2 years. Does anyone know the tax implications, if any, when I realize the $18K gain from t...
Jeff Slusarz
Multi-Unit purchase from a national homebuilder - Bulk Discount?
Wondering if anyone has experience or insight into what % the purchase of 2 units in a spec development might be worth from a discount perspective? Some details:- We're considering the purchase of two units in a sin...
Sharad M.
Home Depot savings tip
Hello all,
So Menards is running a 11% mail in rebate program, but if you have a Menards and Home Depot in your area, Home Depot will give you 11% discount to match Menards sale. Home Depot 11% discount is be...
Rob Thrasher
Contractor demands more to complete work
I hired a contractor to renovate a commercial space into a daycare. He quoted 4700.00 for new outlets and switches, and he quote 2900.00 for emergency exit lights with backup battery.Once he started the electrical, h...
Mark Hawthorne
A Friend in need, can I help and make a buck or two ?
HI their, and let me say first, Im new and most of my "Post reading " has been on Wholesailing.
This just came to my attention last night.
Long story short.
My friend was selling homes for an upscale addition ( no...
Craig Fairfield
Series LLC + Insurance Coverage
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...