I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Hello Everyone!
I'm trying to convince my finance/MBA friend why REI is a better business decision than investing in the stock market and I'm not sure he's convinced. What is the best article on BP you've re...
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...
I have been working with a well known local real estate agent since the end of July and today he called to let me know that he can no longer go forward working with me as he has other clients and obligations. This doe...
I am thinking about buying single family homes in a C class area. I have found $20-30k homes, that I would pay cash for. These areas generally rent $500-800/month. I would be cash flowing 2% or greater. They aren'...
I'm looking for a little inspiration here. I haven't posted in a while, probably because I haven't been thinking of real estate much lately. I "started out" 5 years ago when I read "Rich Dad, Poor Dad," and dove in. ...
I am thinking of building a shed in the backyard for rental purposes. I live in the bay area. If you are knowledgeable about various aspects I need to consider, please do share. The high-level plan is to build a cozy ...
Hi guys! how many applicants per unit? Sometimes I’m getting 20-25 people paying and filling out applications with the fees, how about you?When does In become unethical?
I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...