Bobby Holley
What Percentage Should I Give Financial Partner
I am purchasing a house for $200k and I need to bring in a financial partner to pay about $25k in rehab costs. I expect to generate a profit of about $40k. What percent of the profits should I share with my investme...
Russ Marlborough
$13,000 down the drain? Locked into a deal that didn’t appraise..
I am suppose to close this week on a duplex that didn’t appraise. The Purchase price is 150k and it appraised at 120k. I am locked in due to various circumstances and will loose my 13k deposit plus miscellaneous inspe...
Alan M.
Came into a lot of money - What should I do with it?
I recently inherited a big chunk of change. I'd rather not disclose the full amount but I do pretty well in my day job (software sales), and it's about 8x the most I've made in a year. For now a sizable portion of it ...
Rob Jones
PM Company Making me Pay the Utility Bill
Hello BP,I'm in a situation that I'd like to hear from other owners on. The PM company I use placed a tenant in one of my properties with a lease start date of May 1st, 2019. The PM company told me everything checke...
Tony Tomasek
Official BiggerPockets Discussion of House Bill (HR) 1728
I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...
Jonathan Taylor
Send me your financing questions
We are in some unsettling times and many of you have questions about financing options available for investors. Others have questions about the lingo/structure of RE financing. Opening up this forum to send me all you...
KIran K.
Worst FIRST FLIP: LOST OVER 100k
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...
Mike R.
Vacation Management Software
Can anyone recommend a good software or a good company they use?Basically I have 3 properties now and expanding out. I'm looking for something that connects with AirBnB, VRBO, Booking, Flip Key as well as my own site....
Brad Larsen
What To Do When Landlords Refuse to Lower Their Asking Price
Hello All - here is a good topic for discussion. In our business as a property management company, we have decided to take a hard look at a new policy of what to do with Landlords who refuse to lower the rental askin...
Scott W.
the danger of a 401k loan
I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...