Tim Wilderbeeste
Wells Fargo won't allow us to place property in LLC
As some of you may recall I made some inquiries on here a few months ago about the best way to protect our real estate holdings by placing them in an LLC. Well we consulted a lawyer and began the process through him o...
Mike J.
Lessons Learned From My $30,000 Mistake
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
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Guide to Credit Card Hacking for Flippers!
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...
Mary Baccellieri
Best way to finance a BRRRR
Hi everyone :) someone may have already asked this question so please link the thread below if so. What is the best way to finance a BRRRR in your opinion? HML? Private money? I was leaning more towards HML but I’m wo...
Steve Chan
Why keep money in your 401K?
If your 401k provides a low rate of return and you know you can invest your money at a higher rate of return than the fees associated with withdrawing your money plus the opportunity cost of leaving your money in the ...
Fil M.
Landlord Issues- Advice Needed
So I bought a 3 family in NJ and have gut renovated all apartments and have had great luck thus far but have run into my real first issue. Here is the situationI gutted one of the units (3 bedroom 1 bath) with a new k...
Bojan Kovacevic
How to tell if your market is in a bubble or not
Something I heard a while ago is that if renting a home is cheaper than buying it in an area, then most likely that area is in a bubble. For example in my area a single family detached home (4 bedroom, 2-3 bathroom...
Ravi Chhabra
Is it time to jump ship?
Hi BP Community - I purchased my first rental property in Frankford Philadelphia back in March 2021. I was hoping for it to be the first of many in the Philadelphia area. I wanted to use this property as a way to lear...
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Clinton Davis
My tenant died and her bum son is still living in the property.
A couple weeks ago I had a post here asking about whether to sell a property or not and I appreciate all the feedback. Here is an entirely new situation to deal with. As the title says, here is the deal. FYI- prope...