Jason Cape
Financing Closed Hotel without recent financial history?????
I have an opportunity with a hotel property that was closed for a couple of years and then purchased by a speculative investor who did not know the ropes with regard to operations for a hotel. The property can be retu...
Billy Rogers
Include 401K Loan on Personal Financial Statement?
Hey BP,
Should I include a 401K "Loan" on a personal financial statement? I want to use this document when approaching lenders. I'm not sure if this is really a debt since it's money I've taken out of my savings ...
Annette Hibbler
Are You Celebrating Your Financial Independence Day?
July 2, 1776 was the day the resolution to become free from Great Britain’s royal crown was passed. Two days later, it was publicly read in Philadelphia’s union square. Thus, July 4th has been designated a national...
Karin Baron
Financial liability in wholesale real estate transactions
Who is financially liable in a wholesale transaction? The entity that provides the POF or the wholesale flipper?
Thanks.
Nate Whitting
Financial Organization for Multiple Cash Flow Properties
In the future, I’d like to acquire multiple cash flow properties and i am wondering how i would organize and manage the money. If I were to acquire multiple deals, how would I manage the money for each of the deals? S...
Joel Nobles
Tips for looking financially better for lenders
Looking to get into real estate investing. Primarily rental properties. I have saved up a good amount first my first investment, but dont have enough income to get approved for a certain amount, any idea of what i can...
Michael Ehmann
Helping tenants improve their financial literacy/stability
Tl/dr: we are looking for advice/resources to help "train" our newly inherited tenants to be more financially literate/stable (more context below). Here is what we're looking for: Any programs/courses (either in Georg...
Brent Morse
Finally financially stable with money to invest
I will be pooring over all the posts I can find that relate to my question but until then some general advice would be awesome.
Long story short I went through some very difficult times in my early 20s due to a divo...
Kevin McGuire
Do financial advisors just not get RI?
Hi BP community,It’s taken awhile to get my financial planner to understand what I’m doing with Real Estate Investing. I interviewed a new one from a well regarded independent boutique firm and again he didn’t quite g...
Ralph Norris
I'm looking to change my life financially
Hi my name is Ralph Norris,.... I'm an over the road truck driver thats looking to change my profession to make good money to spend more time with the loved ones I've been away from for over 10 years and counting........