Oswaldo Rendon
Can i be a real estate agent?
Im 17 and in highschool (about to enter Senior year) and i want to be a Real Estate Agent. My question is if people can go from being a High school student to being a RE Agent? And also im not a U.S Citizen, does that...
Dexter Harris
What’s a Rule of thumb?
What’s a rule of thumb for Utilities (Water and Sewage, Electric, Gas) per door number? If there is a such a rule? I’m aware of the RUBS system. If you don’t have the historical from last year, can we use a number per...
Stathis Karidakis
Refinance comercial property without balloon
Hello everybody I own 21 units (fully paid off) and I would like to refinance without a balloon.Is there such a thing? I would prefer to cash out 70% or more and have a mortgage for 30 years fixed but without a balloo...
Karen K.
DIY and Hard Money
Do Hard Money lenders typically loan to you when you plan to do most of the repairs yourself? Anything requiring a license would be done by a professional, but my husband would like to do as much as he can himself.
Brian G.
Changing Depreciation Write Off
Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
Sarah Wainscott
Gaining equity and converting to conventional loan
Good morning you smart people,My husband and I purchased a duplex in Kodiak, AK. This is our first home and first investment property via a VA and First Time Homebuyers loan. We are currently operating as a owner-occu...
Jose Castillo
Just got 25k business line of credit. Help
Hi BP, I was just approved for a 25k business line of credit. My business mostly consist of wholesaling so I was wondering if it'll be best to leverage my line of credit for more marketing or should I hold on to it fo...
Geoffrey Washington
New member introduction
Hello BP,
My name is Geoffrey Washington. I currently reside in Nashville, Tennessee and I’m new to investing. I have been reading books about real estate for a few years and decided to take action.
I do not curre...
Greg Kuchan
Coastal SoCal buy/sell numbers for positive cash flow
I see on most of the forums the 70% rule, 1% rule on rentals, etc. etc.My observations have also seen most of these posts and numbers talk about places in the midwest or middle america. I live in SoCal and would love ...
Frances N.
Should I get a real estate license as a new real estate investor?
I know nothing about real estate. I’m still doing my due diligence reading books, listening to podcasts, forums, etc. Would it be smart for me to get a real estate license to try and buy my first rental property or hi...