Kendric Buford
Starting out - Next steps for Scaling Up
First time posting here, so please bare with me. I'm in a unique position after an unfortunate event, but I'm determined to make the best of it! Currently I have a single family property that I'm renting out long term...
Drew Vukov
Anyone ever use a TSP loan to purchase a rental?
TSP is the Feds 401K. I have been considering taking a loan out to purchase a rental property free and clear. The problem is loan repayment term is 5 years, which pretty much kills any cash flow. The interest rate is ...
Steve Christensen
Contract For Deed Questions
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
Shawn Crawley
Seller financing rules
Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Catalin Chindea
Purchased a home with non-paying tenants
Hi everyone, I just purchased my first flipper last week. At least that's the idea. The house has a non-paying tenant. Because of this fact, I negotiated the price of the home extremely low. Here is the problem. The p...
Scott Smith
One weird legal trick to protect your assets better than an LLC
When protecting your assets, build a castle not a fence. You’ve made the effort to make your money, now keep it. You’ve built a fence to protect your assets by using an LLC, now learn how using the awesome power of Ir...
Raul R.
Maybe it’s time for there to be an age Requirement to join BP
Im seeing a trend, several kids have been posting on BP wanting to be Investors. As many of you did I posted on one of their posts which I now regret.
I’m reading thru the posts and I don’t believe BP is the place for...
Julie Kern
First Deal: SFR or Student Rental?? - Brainstorming
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
Shahriar K.
foreigner partnering with a US citizen
Hi Everyone
I wanted to run this idea by the BP experts that someone gave me. If me a canadian citizen partner with a family member who is a US citizen to buy rental properties, I am providing all the funding and...
Brandon Turner
How Can I Control My Garbage Bill at My Apartment Complex?
Right now we are paying about $1,000 per month for a garbage dumpster at my 24 unit apartment complex, and it's pretty much always full. We can't shrink the dumpster or decrease the number of pickups unless people ...