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Results (10000)
Micah Haworth Minneapolis Area Small Bank / Credit Union
13 January 2021 | 6 replies

Greetings BP Community!
I am currently looking for a small bank or credit union in the Northwest Minneapolis area (Coon Rapids, Champlin, Plymouth Area) to open a business account with. I would ideally want one that ...

Account Closed Being a Private Lender...
13 December 2011 | 9 replies

I'm working through a broker that does all the underwriting/paperwork/recordings/foreclosure (if need be), where I only need to fund the transaction acting as the private lender on the note & deed of trust.

I pe...

Joe E. Asking for a PM fee structure spot check
6 August 2018 | 6 replies

Met with area PM & reviewing fee structure, and wanted a "BP spotcheck" to see if these costs are reasonable.* Ongoing Maint Fee: 10% with min of $200/mo * Leases: new --> 1/2 of 1 months rent with min of $1,00...

Alex Penalva Basic question regarding 1031 in NJ.
1 August 2018 | 4 replies

Hi guys,

So I am new at investing, but I’ve been reading and listening to podcasts on the topics of rentals, and flipping.

This question is in regards to the 1031 exchange, can I use the 1031 to sell property in on...

Bruce Gardner Note & Amortization Newbie Question
13 July 2018 | 6 replies

Newbie question!I just spoke with a bank about some financing I'm looking for.  Understand that I am brand new at this.  The loan guy told me their terms were a "20% down, with a 5 year note and 15 year amortization"....

Christian Dibrell Wholesale Deal Structure
10 January 2015 | 2 replies

Hello fellow investors,I'd like to hear how you all are doing your wholesale as far as deal structure.  Is everyone doing contract assignments, or do you do ABC transactions at certain thresholds?  Is anyone doing opt...

Ming Ming Liu Mileage Deduction for Property Search
8 November 2017 | 2 replies

I couldn't find information on this in the forum or online, but heard about it on one of the BP podcasts. How do I deduct mileage expense while I'm searching for my next property? Does it matter whether or not I have ...

Randy Dargan Expense report apps/website recommendations for rehab receipts
28 April 2020 | 5 replies

We are in the midst of a rehab (doing the work ourselves) and looking to see if anyone has a good app or website they use to keep track of receipts, able to itemize each cost and then export to CSV or PDF for tax and ...

Dominic Scheck How do you store your capital and reserves?
21 March 2017 | 5 replies

Hi, friends.Do you keep capital and reserves in a savings account? In mutual funds? Obviously reserves and capital need to be in a liquid vehicle, but do you really keep $10K, $50K, $100K+ in an account earning nearly...

Michael Bertsch 24hr notice for yard access?
25 November 2018 | 17 replies

Is 24hr notice legally needed to access  property's front and back yard? I know notice is needed to access the dwelling. Earlier today, I stopped by my properties to install faucet covers to protect from freeze. Short...