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Hi everyone,
A little bit about me to begin, I am a 22 year old guy living in Fayetteville, AR. I recently graduated from college and I am currently working a 9-5 unrelated to my degree (go figure). I am spending mos...
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Hi all! My sister called a local investor to purchase a townhome that she is making payments on but not living in. There is little equity, and she just wants to be rid of it, and it sounds like he wants to take over p...
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Hey, BP community! My name is Erik and I'm from Chicago, IL. This is my first post so I'm not sure what to fully expect. I am finally deciding to make the jump into flipping houses which is something I have always wan...
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Hey, BPHope all is well!I am fairly new to the RE world & I'm looking to purchase my first Buy & Hold / Investment Property simultaneously while also building my own startup using a similar method for commerci...
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Hi, I am starting to self manage my rental property and have below Qs. Please help?1. I understand its good idea to have a separate bank acc for rental income. Can it be a personal acc? I called WF and they said for b...
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With residential it’s pretty easy to follow sales and develop an understanding of markets. Commercial seems much more difficult to find the comparable data. I don’t want to use a broker’s time yet because I’m just loo...
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
Hi BP, I am preparing to ask a relative to sell me his small multifamily residential property in the city of Houston. He's getting ready to retire and move out of the city. I'm going to ask him to sell his propert...
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During studying for the CPA exam over a decade ago, I first encountered SEC rules for raising capital and syndication. But I'm not interested in syndication. I am reasonably proficient at finding local friends to inve...
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Hello BP,Fairly new here, and I had a thought that I want to run by the group. It feels like there ought to be something wrong with this, but I'm not sure what it is.Suppose you're at the stage of life where you're re...