Leland S.
Can you design a home with 35ft floor trusses?
My architect and I designed a 3 story townhome. Initially, he had a standard walled-in staircase on the second level but I found a metal guy who provided this unique open staircase concept with just a metal rail bar w...
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Land Trusts with LLCs??????
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
Khu Far
Just starting out..how to invest $50-$75K?
I would like to start my REI and not sure how to move forward. I have access to $50-$75K to start. I own my own home for the past 15 years. Have 780+ credit. I am self employed though so not consistent income. I'd li...
Travis M.
Any reviews on RentPrep for tenant screening?
Has anyone used RentPrep for screening? I searched for it on the BP site and nothing came up. Thanks!
Tone Church
Surprise! I need $3,300/yr flood insurance.
I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
Tyler W.
Explain it to me like I'm 5: How do you get rich in real estate? Seems like it takes many many years to get positive cash flow.
Please help clear my mind from my skewed point of view of how REI works.My goal is to buy a multiplex apartment building and live in one of the units. So I'm guessing that I'd have to put something like $50,000 down f...
AJ Dhillon
$1 million to invest, what would you do? Strategies?
My last thread didn't get much traction so I thought I'd try this.With $1 million in cash to invest into real estate, what would you do?For example:1) One Big Multifamily with management2) A few smaller multi families...
Matt Morgan
Parents battling foreclosure for years
My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...
Robyn Coady
If you had a million dollars cash what would you do?
I find myself in an interesting position. I'm a total newbie with access to a million dollars. I know it sounds ...well, actually I have no idea how it sounds. A million dollars might sound like an outlandish sum of m...
Scott Le
Bad Idea to Flip First House Entirely from My Savings?
I'm in a situation where there is very little banks will give me for leveraging rental homes despite having a good amount of assets and excellent credit because I haven't had any income in 4 years (long story short: I...