Ryan Gillis
Does this contract look okay (contingencies in particular)?
REAL ESTATE PURCHASE AGREEMENTThis Agreement shall become a binding contract between Buyer and Seller effective as of the Sellers Acceptance Date.General Information. The following capitalized terms and phrases have ...
Matthew Mello
First investment property
So, I’m new to the forum after listening to a couple podcasts it seems like an awesome network and I’m just looking for some advice. I just graduated from college about 6 months ago and I have some money saved up and ...
Jonathan Hernandez
Should I rent out my existing house?
Hello, I'm new to the forum. I am fixing up my house to either sell it or rent it out. I am very new to real estate and have only read two books (Investing in real estate and Managing Rental properties) and have liste...
Nick K.
Self Directed IRA Question
Do I am considering rolling my 401k into an Self Directed IRA to use for a rental property.The only piece of info I have not came across, is since the title of the rental would be in the IRA's name, and the rent check...
Curtis H.
Should I claim interest on Sub2?
Hello BP family, My situation is an interesting one...I am about to refinance the home I am living in Sub2 to get the loan in my name. I've been here through three tax cycles. When I took over payments in 2014, I told...
Guy Yoes
Excel, quick books or ? for REI financials?
My list of properties has more than doubled this year. I was tracking expenses with excel spreadsheets. I am hiring a CPA to do taxes this year. He recommends getting quickbooks. Is it worth the monthly fee, time sett...
Jim Struthers
Need advice as a young new real estate investor
I am currently an unemployed college student, trying to purchase my first rental property.
Today I went to view a property that is listed at 33k. I have enough money for the down payment, and enough left over for an...
James Park
The U.S. Dollar, 5 year ARM vs 30 year conventional & the snow ball effect.
I've been reading @Mark Ferguson's website and been thinking about his loan strategy of taking out 5 year ARMs and focusing on paying off the mortgage within 5 years. I know other buy and hold investors in Bigg...
Andrew Teng
Why BRRRR is not working for me?
Hi guys,Please let me know on why I am unable to utilize BRRRR strategy in my situation. I bought "property A" back in 2013, lived there for 2 years, and last year I bought "property B" and currently living in B. I r...
Justin Cortez
TEXAS "SUBJECT TO" plan and questions
hello everyone,
so I've recently found a few pre-foreclosures. but looking at the comps in the area the homes have 20%-40% equity. my original plan that came to mind was to do offer a few different solutions and then...