This may be a silly question but I don't care I am going to ask. :) When using a Private or HML, how are you guys/girls getting contracts written up without a sufficient POF letter? What I mean is, There are several...
All,Looking at my first foray into commercial multifamily (previously done SFR & small multi BRRRRs). We've looking to essentially do the same (BRRRR), just on a bigger scale. How are you structuring your financ...
My name is Dave and I am researching Real Estate Investing. I am an IT professional and I am just looking to supplement my current income as well as prepare for retirement. My biggest question is how you overcome th...
I was wondering if anyone here has any advice or suggestions on how I can help my 60 year old mother to start investing in real estate? She has about 28k saved up. She rents a one bed and one bath apartment for $960 a...
Hi BP community,I'm finalizing the details on purchasing a multi-family home in the area and have a private investor/partner who will be primarily funding the project. Because of this, we have some flexibilty in how w...
Hi BP fams (millennial lingo is a real thing),So about a week ago I made my first Newcomer's post on BP and received a great welcoming. Thank you. In those comments, @Jay Hinrichs mentioned that a good start being com...
My goals are to build a supplemental retirement income for my husband and I (we are a little bit behind) and to build an income producing career for myself so that my husband can pursue an alternative career and le...
Is having a ton of rental properties & installment sales in a massive 1040 tax return - an IRS audit flag?? I have about 60 rentals and 25 installment sales. I'm continuing to add more over time. Most are cheapie ...
Hey everyone,
I am a 28 year old who currently lives in Charlotte, NC. I just want to explain my circumstances and see how people with experience and knowledge in real estate would move forward if they were in my ...
This is a completely selfish question but maybe the conversation will help others in the future that are in my position.
I purchased a commercial property back in August of 2017 and have been slowly throwing money i...