Manmath D.
Switching to SDIRA, finding sponsors and getting into MF
I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary...
Shiloh Lundahl
4 Million Dollars in 4 years - Thank you BP
I was just updating my portfolio spreadsheet and I noticed that our equity position for our portfolio just surpassed the 4 million dollar mark (the majority of which is split between a partner and me). When I saw that...
Morgan Klein
How many properties do you have in your LLC?
Hey BP - My wife and I started investing in real estate a little over two years ago. We currently have 4 SFRs in our portfolio. We both have good careers in sales (not real estate), with a combined 27 years of earnin...
Jacob Howell
Seller Said "You Can Have It For Free" ... ok whats the catch?
Yesterday morning (Dec 16th 2015) I received a voicemail message from a guy who received one of my postcards that asked to buy his vacant property in Pittsburgh Pennsylvania. After work, I was able to catch up with th...
Taylor Jones
Do people like losing money in the Smoky Mountains?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
Amanda Black
Offer accepted on first property. Having serious second thoughts.
Hi all. I live in San Diego, CA where everything is expensive. I want to start investing in real estate, so I put an offer in on a 1/1 condo that I could afford (awesome location, good size, needs some aesthetic upgra...
Account Closed
Arizona Has Run Out of Water - Divert Columbia River to AZ
Arizona's Top Water Official: "We're Going To Have To Live With Less Water" "I never thought this day would come this quickly ... But I think we always knew that this day was potentially out there," he said.
Lake Po...
Rick Bassett
Tenant screening uncovered DUI's, jail time etc
Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
James Johnson
Best lenders for a 1st Lien HELOC for a $550k home purchase
I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...
Joe Grebe
Basic Budget Question
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...