Is it possible to be aggressive and have multiple rentals with cash flow of 5k per month in 3 to 5 months in the Upstate NY market? I'm looking to start building my portfolio starting next year hopefully I can build a...
In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer. When it comes to raising capital, appear this way, speak that w...
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...
Hey guys, i was hoping to get some answers in this particular situation. We got this property under contract with seller financing almost 2 years ago. Placed renter in there. Right now going through refinancing mortga...
I've been trying to figure out how to become a legit investor again in my own market outside of the most common ways (big banks, traditional loans, etc.) and have been reading and listening (for quite some time now) t...
Hey BP guys and gals!I've got a quandary which I'm sure many recent and not so recent college grads face. I'll quickly paint the scenario.I graduated from university just under 1 year ago. Upon graduation, I landed a ...
Not sure if anyone has any advice on this situation / is in a similar one.
I have inherited tenants and they were great about paying rent since I got my property. They paid on time for about 4 months. Then they told...
Hello BP... I'm a house flipper and general contractor. I have flipped several houses in Joshua Tree and Yucca Valley. I'm looking into raw land or homestead houses for building new construction. I have heard horror s...
Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...