Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...
I’ve wanted to start a flipping business but I know that limiting myself to only flips locally won’t be as easy to scale unless I include wholesaling abroad. Although I struggle with starting because I’m unsure of whe...
Creative Financing
In a Nutshell
Part One of ?
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There are No Rules as to how you can or cannot structure your creative financing deals, other than what is legal, moral, ethical an...
As the title says, I went bankrupt trying to enter wholesaling. Full disclosure - Part of it was deteriorating mental health and desperation. I was manic and reckless.Another part of it was unrealistic expectations ...
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Hi BP! I'm putting together a proposal to raise funds for a downpayment. I'm hoping to raise $100k and then use it as a 20% dp for a small multi-family property. My proposal is to borrow the 100K at 10% interest for a...
Hi BP community, Before I write about my specific situation - I really appreciate any replies, thoughts, or comments in advance. It's a pleasure learning from everyone here. Please feel free to be as critical/constru...
A colleague and I are trying this approach to agents with short sale listings on the MLS. We are also agents. Any thoughts?
Dear John,
I'm contacting you in regards to your short sale listing. Do you currently have...
In an effort to be real, honest and fair, I will admit I can think of 3 key things I like about Obama.
1. Credit card reform legislation. This was smart and is, for reasons I don't understand, an underplayed bipart...
Hi everyone, I am a complete newbie but I have been listening to as many podcasts as I can and I also read "The Book on Rental Property Investing" by Brandon Turner. I found the chapter on planning to be especially us...