Rob K.
Trying to understand "wholesaling"
I usually avoid any thread that falls under the “wholesaling” category because it always seems like a bunch of nonsensical posts from wannabe “investors” who have never done a deal. Half the people make it sound like ...
Mike A.
Feedback on deal - Jersey City
Need some feedback on a deal we're under contract with in Jersey City. We actually went to contract just before the pandemic hit the area. Since then, we requested a 75 day extension on our due diligence, and the sel...
Kyle Neff
LLC - Must have or nice to have?
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
Ryan M.
$700k to Invest: Need Advice
I might be selling a website and will have around $700k to invest. I'm not an active real estate investor but I've been learning about it over the past few years. If I sell this website I will be getting a lump sum an...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
David McBrayer
Private or Hard Money Lenders can be funny sometimes.
Hello everyone and happy 4th of July!!! I am getting ready to close on a house later this month. 7/15/16 is the closing date right now. I was planning on doing some financing on this one but it has become a little d...
Grace Ng
Problematic Tenant Asks For Dog Despite No Pet Policy
Hi BP community,I would like to have your advice about one of my tenants.I rented a property to a lady, her daughter and granddaughter in Nov. They signed a two year lease. Four months later, she claimed her relative ...
Carter Wong
LONG DISTANCE INVESTING - how to do it right?
Hello! I'm an out-of-state long-distance investor from Canada. I'm completely NEW to this industry. My local market is overpriced. I've chosen to invest in Texas because Census say it's the fastest growing state (http...
Will Barnard
Liar, Liar!!
I sure have a knack for running into some unscrupulous charters in this business. Many of you are familiar with my nightmare documented in the "Occupants from hell" thread. Well, I have yet another story to tell.I hav...
Jason Crow
HELOC for Investments - Good or Bad Idea?
My wife and I own a house and land worth about 1 million, free and clear. We are in a hot market in the Austin area. We have previously flipped homes and owned a few rentals prior to the housing crash. I decided to ge...