Andre Bias
Can I buy a property using hard money
Can I purchase a property with hard money to cover the closing than Sale it to have a bigger whole sale fee say bought it for for 30k with hard money purchase arv 205 repairs 50k I relist it for $60k would a hard mon...
Courtney Nguyen
A commercial tenant (retail center) who needs to expand and ask to relocate
Hi BP,Last week, one of our best tenants (a jewelry store) called and asked if we have a bigger space they could move to. They kind of mentioned about this in the past but nothing materialized (because we offered the...
Samuel Choi
Infinite Banking Concept [aka Life Insurance]
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
Ryan Ahlgrim
Tenant's income is decreasing by $1k a month
I have a scenario going on right now and I'm curious how other landlords would respond.
I have a pair of inherited tenants who's income will be decreasing by $1k a month. They're a nice older couple. They've never be...
Eric McCarty
Getting a loan for BRRRR Method
Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
Angelique F.
Equity Indexed Universal Life Insurance EIUL
Hey Everybody,
I was listening to podcast #17 with Jeff Brown and he talked about how EIUL's are a really great way for young people to invest in their future. In a nut shell, with this policy, part of your premium ...
Bill Mitchell
Will Cash Flowing Rentals Disappear When Interest Rates Increase?
As the topic states, will cash flowing properties disappear when interest rates increases?
Once rates go higher than 5%+ the debt service on the loan is going to increase. Not to mention the market will likely be le...
James Camp
BRRRR Question - Where to borrow from?
I've quickly decided BRRRR is the route for me, and out of state since I live in NY. What I'm confused by as who to borrow from. I have about $15k+ to start with.For the purchase of the home that I rehab originally am...
Mark Hall
Successes in home automation for rental units?
I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...
Elijah Brown
From $200 to 70 Units at 24 Years Old
Hello,
My name is Elijah. I’d like to share my real estate story with you all:
At 17, I drove to Los Angeles from my small hometown in Vermont. I arrived with $200 in my bank account and all my belongings in an old ...