Account Closed
What could go wrong? Buying 50% of an airbnb Subject to...
The seller's husband passed away, and this year she has been trying to sell the house. Problem is, her husband didn't have a will, so his half went to 3 heirs. For her to be able to sell it, she needs the kids' signat...
Trent Egenlauf
Where to park money?
Where would you recommend to park your money while you are saving to buy a rental property?
Chad Trueheart
What do I do with my money?
Here is my situation:
In 2009 I bought a hurricane damaged house and rebuilt it. It has been a vacation rental since. I put the house on the market Monday so I can free up some money to reinvest.
In May of 2012 I p...
Jeremy England
Anyone doing small sdira lending?
I have an IRA with about 27k in it. Its not my primary retirement investment vehicle. I am currently working with a friend who is planning on opening an sdira with one of the custodians listed on bp. His has about ...
Pete Perez
Question Regarding LTV/ARV with Hard Money
Hello BPers!I tried searching the recent posts, but couldn't find this question and I am sure its an easy one to answer. I am switching my short term investment goal to fix and flips and have begun looking into hard m...
John Brice
Lease fee vs security dep
Does anyone here use an application process (with fee) and a lease signing fee as opposed to collecting a security deposit? Just weighing some ideas, not really sure I am a fan of security deposit.
Michael Garrett
401K - Should it stay or should it go now... ?
Evening, Fellow BP'ers:First let me start by admitting that I recently listened to the most recent podcast with Kyosaki's CPA followed by Kyosaki's episode 500. Where basically in the first 10 minutes he poo poos on ...
Jon Quigley
Question regarding earnest money and hard money lending
Hello. Here's a basic but key question regarding the mechanics of a purchase agreement on a property needing improvements (i.e. flip). I'm new to flipping and have not built up a track record yet that could be lever...
Lance Mundo
Non-refundable earnest money deposit
Working with a HML requiring a non-refundable earnest money deposit…
What due diligence do you perform before sending that deposit to minimize risk?
For me so far: my own research for rents, comps and rehab budget
...
Ofir R.
Turn 500,000 USD to 8K monthly cashflow from real estate - possible?
Hey there, big pockets.
Here is a theoretical question and I'd like your take on it, whoever you are and wherever you are.
Mister X has 500,000 USD. He doesn't have credit score or a fixed job - he's an artist, so h...