I just signed up for the site after listening to a dozen of the podcasts.  I live in the western suburbs of Chicago and am here, first and foremost, to see how much I can learn so that I can figure out what my real go...

HI everyone.  This is my first post, and I'm a new Pro Member as of today!  I am currently finishing my first deal (BRRR).  It is a self funded deal all in at 110k.  I will be pulling my cash back out in the next few ...

Its LLC entity, will issue K-1 for each partners.

Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...

Hello Folks,

My name is Max Shepard. I am about 6 months from getting out of the military . For a little over three years I have been researching, and learning all I could about real estate. Late last October I took ...

This is a questions I often ask myself - When you acquire a NPN note and you would like to insure  the property by yourself, do you insure it per the UPB value or per your purchase price?For example - You acquire a NP...

I'm located in Salisbury, Md on the eastern shore of MD, and have been flipping homes for the past 3 years. Currently me and my business partner are doing one house at a time trying to get enough going so that we can ...

Hi, I am working with a real estate agent in New Hampshire. He says the properties I want him to show me have a co-broke fee. He explains it is the portion I (buyer) must pay at closing to him (Buyer RE agent) and it ...

Hey everyone I am expanding my REI business and I have done 5 flips in 3 months. I am speaking with lenders on getting loans for my next big push this upcoming year and I can't seem to find anyone who just does the pu...

I found a great deal recently which attracted the attention of a private money lender whom I know and trust. She wants to go into a house flipping business with me. She would provide all the money and I would do all t...

Hi BP community, are there platforms or open market for trading real estate based privates notes? (1st/2nd/mezzanine)? I know there are crowd funding platform that does origination but not sure if there are marketplac...