Zach Plackemeier
Goal for returns on STR
Hey all! I have a few short term rentals locally in Missouri (lake communities) so I know my numbers. But am curious just for quick reference in any one of this STS markets if your buying a property for 1MIL and set...
Sherrie Tullsen-Chin
Getting started in private lending
Hi Everyone! I am seeking to launch a small private lending business. I have limited capital to lend out so in addition to using some of my own capital I'm considering opening a business checking account and applying ...
Thomas Watson
1st Position Foreclosure
What happens when you own a first position note that has an unpaid balance of 9K and there is a 2nd position for 40k and 3rd for 80K? Is the 1st position considered the senior lien if you file foreclosure? The home is...
Corey Drexler
Systems and booking keeping
We are set to close on our first multi unit in August. I wanted to know what I should be using to keep track of any type of transactions, repairs, booking and filing, etc. I want to keep this as organized as possible ...
Account Closed
What Market to Target Next
Hello Fellow BP MembersOk so I am feeling a little overwhelmed and “Paralysis by Analysis” right now so I figured I’d reach out for some help and assistance through the forum.As my profile shows, I am a wholesaler. Fo...
William Pittman
Former Marine in Chino Hills, CA
Good afternoon everyone! I want to formally introduce myself. I have this information on my profile, but I am excited to meet everyone and absorb as much information as possible. I am a former Marine, and curr...
Diane G.
Is short term rental allowed now in Santa Cruz
I thought short term rental was ban in Santa Cruz years ago, as a coworker at the time bought into it and a year later, short term rental got banned....She took a big hit at the time because RE prices tanked because o...
Benjamin Weinhart
Question on Treatment of 1.263(a)-(f)(6) With Self-Renovations
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...
J Newman
Loan from 401k when retired
My husband was able to retire fairly young from a government job. He has a 401k, but he is retired. We were thinking about taking a loan from that to put a down payment on investment real estate, but he said that he t...
Edwin De leon
Rent By The Room Strategy Any Tips U Can Share
What are the pros and cons of the rent by the room strategyAny investors have experience with it and how would do it all over again if starting out as a newbie investor renting by the room