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Good evening, I was contacted by a potential lender. Being that i'm new to getting funding for my deal I was told that my loan was approved and all I had to do to get it deposited was pay a fee of $250 for security of...
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Alright guys, I'm at a fairly exciting place in my investing career. I've been doing this almost 3 years now, have 7 deals under my belt, and my first subject-to will be done in December. I've just earned my agent's l...
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As a newbie stepping into real estate field what should be my first step as far as flipping houses
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Hi everyone. Quick question. My friend has been offered a job as an agent at a real estate company and the prospective employer asked him to bring in his most recent W2 during the next meeting they have. Is that legal...
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Hi BP,I was just reading about how a T/B's option consideration cannot go towards the purchase price. This got me thinking, why use an option contract at all? Why not just sign a purchase agreement with a very long ...
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A fellow investor I was meeting with told me something very interesting. I was just wondering if it was true or even a normal practice.So she told me that she found an apartment renting for 1200 a month, she got the p...
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Hi bp family! I have a question. The managemnt managing our building is collecting mgmnt fees based ont current rent roll regardless if the tenant pays or not. Is this normal or even fair for owners. All along i thoug...
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Let’s say I find a 10 unit complex for 1m. Has anyone heard of a product not requiring 20%-30% down since I would be using as a primary residence?
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Hey BP,
We have all heard "It cashflows $X per month" or "I only buy if it cashflows $X per door". Brandon and the podcast guest talk about figures like these almost every episode in the Deal Deep Dive.
Is the...
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Need help with a cost seg situation. My CPA didn't have information on this for me, if I were to complete a cost seg for 2022 personal taxes while a rental property is in our personal names and then that property is t...