Stephen D.
Screen applicants based on move in date?
I know it's a liability to accept more then one applicant at a time but the first applicant we agreed at a lower rent and a Nov 1 move in. Now she says she wants a mid to late November move in. No lease has been si...
Travis Brizendine
Seller financing discount points, taxable income, or deduction
We are under contract on a property. We have 60 thousand dollars in a 1031. The seller is willing to charge us 30k in points to seller finance the deal. However, we would like 25k back after closing for repairs etc. Q...
Tom Arttus
What’s the best way to leverage 401K’s to buy rental properties?
Hi BP group,I, and I’m sure many, have a lump sum of money in a 401K/IRA. I currently have my money is a self directed IRA and use it for hard money loans. I flip the funds and do well with this strategy. However idea...
Stephanie Dobbs
Hi BP
Hello All, My name is Stephanie Dobbs and I love Real Estate! Always have, always will, and look forward to creating a great relationship with the properties, property tenants, banks, lenders, community leaders, and s...
Pratik P.
Help me analyze this BRRR Duplex!
Hey everyone,We got a lead come in for a duplex that I'm considering taking down myself and holding it. This would be my first rental so I figured it would be good to have the BP folks verify my numbers. The owner liv...
Adrian Chu
0% promotional APR cash advances for financing real estate?
Anyone use 0% APR promotional interest rates for credit card cash advances to finance real estate transactions? The only caveat is that sometimes they have a minimum cash advance fee, similar to a loan origination fe...
Jeshua Patrick
To liquidate or Not to liquidate
First, some context. I just recently left a good stable job for a job that appeared to be an opportunity for professional growth. I was upfront on my current skill level and abilities and was offered a temp to hire po...
Chris Berry
Tenant threatens to kill my family
In june my house was home invaded and my tenant left them in a coma. He broke the lease, lived in the house for over two weeks for free and left a mess and drug baggies all over the road. I informed him he will not ...
Jake Recz
So my prospective tenant can't afford the security deposit??
Hey guys it's been a while... I'm renting out an apartment. I listed it on craigslist and got "the usual". Some good applicants, some bad applicants. Some dreamers with no income, unable to verify income, past evictio...
Charles Smith
What are good terms when using hard money ???
I found a 21k foreclosure that needs 10k with an ARV over a 100k.... how do I attempt to structure a win win with a hard money lender??? Any help is greatly appreciated