Cody Dircksen
Purchase a second home after Chapter 7
Hi I'm new to BP, but have a passion for personal improvement. I've made many improvements throughout the years and done quite well for myself. Unfortunately roughly a year ago I tried leaping into buying a business t...
Matt Powell
How to dig deeper on a potentially distressed property
Hi all,This question has been lingering in my mind for some time, so time to ask! If I'm out "driving for dollars", trying to spot potentially distressed properties, and I see one that I think could be distressed, how...
John Hettiarachchy
Property manager inactive with squatter and non-communicative
Hi all,Long-time listener, new to forums. In short, I'm not sure whether I have a bad property manager.Background:I acquired two duplexes (4 doors) north of Conway AR, 3/5/18 from a bankruptcy court. As these were my...
Michael Rossi
How STUPID Can They Be?
We all know that the credit card companies are IDIOTS! In fact, I'd go so far as to say that they're managed by complete morons. I've posted before how I received notices from Capital One and Chase that they were ra...
Andy M
10% cap is pretty good, right?
Hey guys,
So I just found a rather large property (for me anyway). The asking price is ~14.5M and the current NNN lease backed by a AA company gives a NOI of 1.45M/yr. The occupying company's lease has another 2 year...
Josh Fox
Getting Started in AirBnB Arbitrage
I want to get started in short term rentals and specifically AirBnB arbitrage. My fear is around the liability if I have to personally guarantee leases for a new LLC. Does anyone have advice on 1. If we have to person...
Karen Bidwell Hinz
Tax implications o self directed IRA to pay off existing debt
I have a self-directed IRA with about $120,000 in it. Unfortunately I also have about 110-130 thousand dollars worth of unsecured debt via credit cards. Just wondering what the tax implications would be if I use the w...
John Vasconcelos
Considering RE Investing with BRRRR but came across this
Hi all, I was getting excited and learning about RE investing , but came across this article which scared me a bit as far as liability and actually building wealth with investing. Any thoughts on this?Thank you!Johnht...
Gary Dezoysa
Note buying with (very) bad credit
Hi guys,I had a business that went under with heavy debts, some of them personal. I was unable to go the bankruptcy route and now have judgments against me from creditors. If/when I rebuild financially I was wondering...
Andy More
Anyone on here a licensed RE appraiser?
After 9 years of being a loan officer at a mortgage company I am now without a job. I'm not real interested in finding another loan officer job as I was a quite burnt out at the end. Commercial or residential real est...