Jacob Kenneally
Self Directed 401k Investing (Roth vs Trad)
So I was reading the BP tax books and a thought popped in my head. I’m 26 and work as an Engineer making decent money, contributing to a Roth 401k. My thought is to self direct my 401k to buy a rental once their is en...
Kamil Pieniadz
Realistic life expectancy of a house
I’m currently looking at single family that was built in the 1880s. The game plan is to get into it with a VA loan so I can put no money down and avoid PMI at the same time. I want to live there for a year and then re...
Soniel Estime
Financing strategies with a partner
My partner and I have about 50k each to invest. I have never financed a deal with a partner before. What are a few creative or conventional financing strategies to Buy and hold/ flip when you have a partner or two. Wh...
Jayme Carlson
Savings account options
New investor here. I own one duplex and I'm living in one of the units. My goal is to buy at least one 2-4 unit property every year for the foreseeable future. My question is about financing. When I was getting the lo...
Kevin Kroll
Selling Personally Owned Investment Property to LLC
I have been working with a partner to purchase multiple SFRs through an LLC which we co-own, to be financed under a single commercial umbrella loan.Basic structure being a 90/10 split on initial cash contributions; I ...
Stephen Seaberry
Discounted Cash Flow Analysis
Hey BP,So I am reading What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli, great book so far. However, I'm really getting hung up on the concept of Discount Rate. In the book he uses 10%...
Richard Stephens
Fianancing
Hi BP People, I previously asked about evaluating a 8 unit plex.The owner is willing to fianance with 100k down and fianance 290k. How can I get fianancing,i don't have the 100k to put down?
Joseph B. Davisson
Brokers and Lawyers using self directed IRA or Solo401k
I am interested in hearing about the steps to avoid violations for contributing "sweat equity" by brokers and lawyers who are investing their IRA or 401k money . For example, I am a lawyer and broker and a fee attorn...
Dillan Wilson
Newbie college student from Western Massachusetts
My name is Dillan Wilson and I'm a freshman at the University of Massachusetts Amherst studying mechanical engineering. I was first exposed to BP at the end of summer 2018 when I finished, "The Book on Rental Property...
Jay Hinrichs
J Scott Master of Ceremonies shout out
Hey all I just wanted to let BP nation know what a Great Job J Scott did last weekend handling our Aheroshome.org charity auction at the J Martin event. He was fantastic.. anyone looking for someone to really run t...