Nick Zupec
MTR lease with a corporation
Hi MTR community,We regularly work with local companies to find MTR tenants, but up until now the tenant has always signed the lease, received a per diem, and paid us directly. This is the first time that the corporat...
Account Closed
When will prices drop in the Bakesfield, California area?
Bakersfield is known for being one of the cheaper mid-sized cities to buy in, in California. However, prices continue to rise, even as the lack of water is causing surrounding farmland to be fallowed, and the price o...
Justin Sheley
Fund & Grow Financing
After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....
Rijm D.
Where to park my Heloc money till ready to invest?
Getting a Heloc, hopefully around 120K. It's a fixed loan product, need to borrow full amount by end of Feb to take advantage of 10y at 4.49%. It being long term and fixed is perfect for what I intend to do with it, j...
Christopher Dunson
Mechanics lien on Flip property for undone work and no contract
I have someone who had no license when doing work for me, and now has a handyman's license organizing and subcontracting work on my flip. Initially, I told him that I may have to wait to pay him $15000 for work done u...
James Johnson
Best lenders for a 1st Lien HELOC for a $550k home purchase
I am purchasing a New Construction home in South Florida that will be complete in August 2019. I have already been pre-approved for a Conventional 30 year Jumbo Mortgage but I am looking to attack and pay off this hom...
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Ryan McKay
At what point is it affordable? (bringing in the pro's when you have one property)
Hey folks, long-time/first-time!I'm fairly new to "the game" with one property in Murphy, NC and not quite 4 months of operations under my belt.Tax season is coming up and - as a newbie who is not yet cash-flowing (we...
Account Closed
Just Completed My First BRRRR and made $15k!!!
This month I successfully completed my first BRRRR project, and want to thank BP because until recently I've never heard the term BRRRR. We purchased a house in Charlotte, NC just over 2 years ago (November 2014) for...
Jordan Jaramillo
Help 1st mobile home park
Hey guys, I’m trying to figure out if this deal makes sense. the purchase price is $2 million. The seller wants $500,000 down the operating cost on the property runabout $8500 and the seller wants a $9000 payment each...