Chris M.
Why do investors choose to mentor newbies?
I hear a lot about newbies wanting to be mentored and I myself stumbled across an investor who is interested in mentoring me, but my question is why? Besides the goodness of their hearts, why do investors (who must b...
Nicole Clemens
How to compensate private lender....
Hello there, I am newer to real estate investing. I've done a few flips and have a few rental properties, but am really interested in learning more about partnerships and how each person involved in the transaction i...
Jason W.
Looking to 1031 out of the California market
Hello BP! I am located in Southern California. In order to take advantage of the current market, I am deciding whether to sell my SFH Southern California property I bought in 2014 and do a 1031. As you know, the Cali...
John Arendsen
When Will They Start Calling Mobilehomes Manufactured Home?
I have to giggle up my sleeve every time I see the Manufactured Housing Industry continue to shoot itself in the foot. In the last 150 years we've managed to come from a Horse and Plow to a John Deer, from a Horseless...
Jared Carpenter
What One Should Know About Equity Waterfalls in Multi Family RE
Good evening BP World,I was hoping that through your collective responses and examples, we as a community could learn more about the common real estate waterfall components.In layman's terms, could a few of you kindly...
Sami Gren
How much to get paid for property management
hi, I have several apartment buildings that I manage on my own, but recently a friend of mine asked me if he can invest with me, so as a good friend I agreed he should put in half of the money for a residential apart...
Greg K.
Very strange Short Pay/Sale clause in banks agreement
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
James David Powell
HELP!!! Land Contract Gone Wrong?!!
My hope is that the title rings the ears of one credible person, or maybe two—the more the merrier!Without further ado . . . .I essentially acquired a $150,000.00 residential home in the market for $25,000.00. I waite...
Jack B.
Question for other accredited investors: what are you doing now?
I bought most of my rentals at the bottom of the market or near bottom, other than 2 of them that I had to buy 1.5 years ago due to 1031 exchange that I needed to do for a long list of reasons.I have capital to deploy...
Michael Smith
The Ultimate Guide to Using Conventional Mortgages to Expand Your Portfolio
Perhaps I'm being overly ambitious by taking a leaf out of @Brandon Turner 's book and throwing "The Ultimate Guide" in the title, but my goal is to create a comprehensive point of reference for investors looking to u...