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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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You have probably observed that your best first investment is in yourself. Even if you have closed a few deals in the past, you must have a mentor who can help take you to the next level in your real estate invest...
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Hey BP, Now that I've got your attention, I sadly do not have millions of dollars. However I do have 100k in private money that I can use at my discretion. I am very green and have learned allot from BP, the pod casts...
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So, I guess this isn't going to be our first investment since we have a vacation rental property in Maui, but this will be our first buy/ hold / rent property. We've been looking locally here in the Denver metro a...
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I have been getting busier and busier so I have started working on a web site to reduce the time required. From looking on here this is what I have come up with so far: This site is full of great information.tenant ...
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I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
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Hello All, I am going through growing phases in learning how to properly invest in real estate. For the last 12+ years i purchased properties and turned them into rentals as i switched duty stations in the military. O...
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BP Fellows,
When utilizing the Assignment of Mortgage Payments (AMP) or Subject To strategies, is it realistic that a Lender will call the note?
If so, can someone provide a testimonial about it.
In addition, if ...
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Chances are if you have done a few wholesale deals in your day, then you have heard someone gripe about the dangers of dealing with wholesalers. Typical comments from someone that has been burned from wholesalers in t...
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Hey BP peers! When does this RE stuff actually become passive income? It’s been a trying month for sure. I work that full time job, manage 29 doors, and flip for profit and debt reduction. But, on April 12th I get a c...