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I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
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Hello BP community-Does anyone have experience borrowing money from their parents to get their foot in the door with real estate? How did it go for you?Let me explain my situation. I am going to be a sophomore in coll...
Salutations!Thanks in advance for any response I might receive to this question. I am a newbie. I am interested in maximizing monthly cashflow through acquiring rental properties. However, being in Los Angeles, there ...
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I'm curious what investors are or aren't doing in relation to the impending market crash a lot of people (smarter than me) are saying will happen in the next 2'ish years. I'm selling a house in the next few months and...
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Hello BP peeps,
This is frustrating and I'm ready to give up, but I'm not willing to. I've worked too hard getting set up. I have all the funding I need to work on multiple flips at the same time and I even have a cr...
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
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Hello wholesale world!! Sorry if that’s corny but I’m new to wholesale and I’m absolutely obsessed! I want to know the ins and outs if any pros want to spread some knowledge. I’ve been doing my homework learning what ...
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Hello All,Pray this message reaches everyone in peaceful spirits. HELP!!!For the past two years, I have been looking to get into Buy & Hold investing, however different dilemma always seems to creep into the plan....
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Can you manage properties held by your self-directed IRA? Assuming you do none of the hands on work? Same question for managing the rehab.
What if your SD IRA owns part of the property but you provide property man...