Benjamin Dutil
Help with cash out refinancing
Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
William J Hamm
Expired Listings
Does anyone have a process or any suggestions for approaching people that have an Expired Listing from the MLS? Is a property owner with multiple expired listings a potential motivated seller? I'm looking for new av...
Account Closed
here is how i plan to start this business please edit
Ok guys I just want to let you know that once I am done with college (thank god) next week I plan to make the transition part time wholesaling and part time waiter (30) hours a week..
I am working on what I plan to d...
Terry Bourgeois
Transfering a 401k to a self directed IRA
Hey there !! I am looking to transfer my 401K to a self directed checkbook IRA to use for real estate investment. But, I am not sure if it should be a Roth IRA or a traditional IRA as both are offered to me. I am ...
Robert Burns
Letters vs. Postcards
We are looking at stepping up our marketing to send out more direct mail pieces and wanted some feedback about whether letters or postcards are more effective in getting motivated sellers to call.We would appreciate a...
Account Closed
Depreciation and Capital Gains on a Primary with rented Bedrooms
I purchased my first SFH home this last year that I have moved into as my primary and I am renting out the extra bedrooms in the house. I have been trying to read exactly how renting out the bedrooms will effect my ta...
David H.
Attn: SBA Disaster Loans for Landlords
Attention!!!!
Landlords / rental property owners in affected areas of the Covid19 pandemic
The SBA Economic Injury Disaster Loans (EIDL) are available for rental property owners if your state has already made th...
Lynn Z
Self purchase of PMI - Orman
Suzi Orman keeps touting purchasing your own PMI before closing when putting less than 20% down. Has anyone here ever done that? Just curious how you locate the companies etc.
Steven Hershey
Banks Unloading properties?
Good Morning BP! I had a questions about banks unloading properties before year end. I have heard that banks want to unload their ROE's before year end to get them off of their books. How true is this and how low can ...
Daniel Murphy
Are you PM's having yourselves named as "additional insured" on policies?
General question... When you manage a property for someone, do you require to be named as an "additional insured" on your clients property insurance or umbrella policies? Why, or why not?