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I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
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Like many reading on here, I began the 2021 calendar year with great ambition; I wanted to close 2+ Multi-family deals as a GP of 50+ units each. Most importantly, I wanted to establish my brand and reputation in th...
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HiI live in California, I am going to buy a house in Dallas. I visited there and like a house I saw. But this house is going to need a lot of repair. It is estimated to be $30,000. My agent has a rehab crew and she is...
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Hi! I will appreciate your opinion. There is a small leak in one of our rental apartments. My husband arranged a plumber to come and fix it, he let the tenant know a day before, and the tenant agreed to let the plumbe...
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Posting for a friend of mine who would like to remain nameless. Thank you in advance for anyone that can shed some light for him. He is a biggerpockets follower so he will see your posts. ....."Purchased House from...
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Alright BP Nation, this is the start of Year 2 of the Real Life of the Real Estate Investor thread.In the first year of the Real Life of a Real Estate Investor, without meaning to do so, it attracted and resulted in ...
We had a discussion about a tenant in common property with a loan on it. One of the members deeded over the property without signature (acknowledgement) of the second party and now the lender thinks that the second pa...
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I don't care whether you vote for this thread or not, but please give input. I've now been scammed by 2 members of BP, and know of others that have also been scammed. I've also received some suggestions from Vikram, ...
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Hello BP! I am an architectural designer and I lived & worked in different parts of the Bay Area for the past 10 years. Although I was looking to invest in out-of-state (Tennessee) for a while, I decided to house ...
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We finally got our first deal closed. ARV on the house was about $125K We got it under contract for $79,400 and assigned the contract for 5,600! With this being our first deal we know that it is possible and there wil...