Jeff P.
Question - working with RE Broker outside the box. South Carolina
Hello all!I have in investment property in SC with a tenant who has 20 year experience as a property manager. I started working with a RE salesperson in the area, but so far her only value is providing MLS listings, ...
Blair Colsey
Best cities to find 1% (or more) rule
Hi All,I'm currently listening to @David Greene's book Long Distance Real Estate Investing on Audible (which is a great way to learn I might add) and I'm getting excited about buying some properties out of state. I cu...
Natalie Kolodij
Who'se investing in Gastonia?
I've been looking at Gastonia and have read a few investor stories with great results there. I'm not sure why it has such a bad rap compared to Concord/ the areas to the East of Charlotte. Is there a specific issue th...
Andy Mirza
Effect of Pandemic on Note Management (so far)
I'm starting this thread to share info on the short term, immediate effects of the coronavirus pandemic as it pertains to the active management of note portfolios. We can save medium and long term implications in a se...
Andrew Neal
Be your own hard money lender through your own LLC?
So a few months back on a different thread @jorge ruiz brought up this idea and I was curious if anyone has does this or if it's possible.You create an LLC. You buy a home. Your LLC gives you a loan for the home. You ...
Shannon K.
Marketing of Assigned Contracts... Legalities?
My partner and I flip, but since deals on the MLS are low, I have recently sent out mailers on Tuesday and have gotten several call backs (yay!). These people have invited us to their homes to inspect and make an offe...
Ericka Medina
Renting vs Airbnb with Walkout Basement in Thornton
Hello everyone! My name is Ericka, single mom of two great kids, and I am new to BP. I am excited to be a member and learn, learn, learn!I purchased a townhouse last year with a partially finished basement. The previo...
Tris Rollins
All cash now but I need that money back...
I am looking at buying a property all cash so I can close the deal quickly over someone else. How long would I have to wait to get my cash back out so I can use for another property. Are there multiple routes? I do...
Alley Carlson
Do you use the 2% rule in Twin Cities area? 1%?
I’m new to real estate investing and just in the information gathering stage, I’ve been reading BP Rental Property investing and am reading up on “the 2% rule” or making sure that a properties monthly rental income is...
Curtis H.
Is this a good loan for excellent credit?
Hello BP family, I'll be quick, just checking to see if this loan is decent or not...Property type - InvestmentAmount - $165KDown Payment - 20%Credit - 760 and aboveRate - 5.375% (30 yr fixed)Origination Charges - $22...