Ziad Agarwal
Hard Money loan default
I have heard stories about hard money lenders taking a house that's in default. I am assuming that is not in a judicial foreclosure state that has to be auctioned off and gives the homeowner time to sell it. Although ...
Andrew Grieb
Buying an Owning Entity Instead of Buying the "Properties"
BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
Lake Bradford
Thinking about investing in real estate
Hi, I will be starting my first job next September in Atlanta Georgia and am looking for some advice. Instead of renting, should I just buy real estate when I move there? I will be making around $110,000 annually and ...
Reya Ripet
Pulling equity from a mortgage free rental
Hi all !I own two rentals mortgage free. I am unemployed other than my rental income.If I walk into my local bank , how would I proceed with this? I would like to pull out the equity value from one of my rentals. Ho...
Stuart Udis
Latest Example of Government's Failure To Improve Housing Affordability On It's Own
The Philadelphia Housing Authority (PHA) recently acquired a 360 unit 12 story multi-family building for $24M and a local news outlet reported on the building. Through PHA sources, the article indicates the renovat...
Andy K
How to avoid self employment tax when flipping properties?
Hi all,A friend of mine and I are planing to partner up and fix and flip properties. We plan to put down payment together, get a hard money loan, rehab and then sell properties. I am an experienced buy-and-hold invest...
Katie Jewell
Structuring Repayment of Damages
We have a tenant that is accepting the letter we sent outlining the extensive damages she did. We did it legally and sent an itemized invoice with receipts and she is willing to pay us back over a period of years. We ...
Brandon Luke
To pay off rental properties or not...that is the question!
I am developing my business plan for buying and holding. I was talking out some ideas with another investor, and she said you should never pay off your properties, and never pay all cash.
It seems to me that if you d...
Devan R.
HOA Provision States - Can't Rent
We are residents of Florida and preparing to move into a new home mid June. We currently live in a townhome which is in my wife name solely. (She purchased it before we got married). I guess we should have asked th...
Colton Duke
Newbie looking for advice
Hello! Been listening to BP for awhile, and the gears are really turning at this point.
Background: 28, engaged, $150kish in joint gross income, and bought a home 3 years ago utilizing Indiana's down payment assista...