Kristine Lambert
Would appreciate advice on tenant screening and a big inconsistency...
Hi all, I'm hoping someone more experienced can provide some guidance for me. My fiancé and I have a SFH that we just finished renovating to list for rent. While working on the house last week, a woman and her adult ...
Madeline J.
New investor in Minneapolis, MN: planning for first deal
Hello all! I've spent a couple of months perusing these forums, listening to the podcasts and reading real estate books. I am from Minnesota and currently at school (health care field) in Oregon. My goal is to work fu...
Polo Vazquez
401k 10% Penalty waived du to Covid. Should we take it out?
I just finished talking with y broker and he has informed me that due to covid 19 the 10% penalty for taking your 401k before age 59 has been waived. My question to BP is... As investors, we are all looking to achieve...
Vernon Brown
Property value vs cash flow investing
Hi there!I'm new to BP and real estate investing and I plan to purchase my first property (duplex or fourplex) within the next three months. In crunching the numbers on these properties, I have a few that are cash flo...
Susan H.
senior encrumbrances
I live in South Carolina. Does anyone know or can tell me how to find out if I am responsible for any liens on foreclosure auction property? Looks like owner has a few second mortgages, too, although the bank is jus...
John Irvin
Thoughts on using CARES Act 401k withdrawal for rental purchase?
I tested positive for COVID a few weeks ago. Thankfully had a mild case.I was reading that if you test positive, you qualify to take up to $100k out of your 401k without the 10% penalty. If you pay back within 3 yea...
Z C
Potential renter wants to use our rental as a home daycare
We have a potential renter wants to expend his day care business. He can sign a three year lease. But I am not sure the liability or insurance coverage. Please advise!
Alex Ng
Build or Buy?
Last year I purchased a piece of land which came with building plans for a duplex. The seller was getting ready to build, building plans & permit were approved, but due to health reasons the project never started...
Dan Marro
Financing First Small Multi Deal
All, I asked a banker the other day what terms I could get on a hypothetical 8 unit deal, ~500,000 purchase price w/ 25% down. He said I would be in the 5.25%, 5 year term range and the loan would be conforming. This ...
Michael Stole
Looking for experienced buyers in cosmetics industry.
It is probablly not a proper question to post here. But since I dont know where to ask, I just decided to post it here.
My friend and I plan to buy large quantities of skin care products, either from big names like ...