I noticed when googling "how to convert annual interest rate to monthly" it consistently gives the wrong answer. Dividing your annual interest rate by 12 ignores what Einstein described as the most powerful force in t...

I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community.  I current...

Hi, i'm in the process of creating a lease with an attorney and I need to give them an answer regarding how i want to recieve rent money from my tenant. I put a clause asking for my rent to be directly deposited in ...

My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...

I roughly have about 150k-175k in equity on my duplex that I owner occupy. I have talked to a few loan agents and can't make sense of how an equity loan would help. My initial duplex loan would go up (because they wou...

Hello BP community,Are self directed IRAs a good idea for those working towards early retirement? My goal is to retire/be financially free by age 35 and not being able to access the cash without penalty until 59 1/2 m...

Hello Everyone,

So I’m about to close on my 4th property (3 duplexes, 1 SFH). Decent cashflow and I set aside a pretty significant amount for Capex/Repairs and don’t spend the cash flow (it sits in an emergency accou...

Hello everyone!
I am buying a new primary residence and turning my current primary into a rental property and I am curious as to how landlords who are not utilizing a collection service set up their rent collection ...

I imagine this one has been covered but searching the forums didn't help.

Looking for opinions on accepting rent payments in cash:

I'm probably being a bit paranoid, but it seems like an area that could manipulated ...

Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays it out in detail. * How much money...