Kellen Driscoll
Partnership advice on multifamily deal
Hey BP,
I am currently looking to partner on a small multifamily deal with a friend. Basically my friend will put up the money for the down payment and I will handle everything else. My question is how should I handl...
Account Closed
Better Name for Wholesaler?
I don't like the term wholesaling (even though its what I do). What would be a better name for a "wholesaler"? I like Real Estate Marketer. What do yall think?
Satha Palani
Advice on 203K loan - pros and cons and which type
I have an offer in on a duplex in an up and coming part of the city. The house needs work and is being sold "as is" The plan is to live in one unit and rent the other one out. At the prevailing rate, provided the cost...
John Pearson
First Time Poster- Cash Out Refi or Sell
Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...
Grayson Gist
A “hidden” catastrophe
Hey,I just bought a fourplex in the KC area to owner occupy. I bought it with an agent after using direct mail to find it. The inspector told us “this is the best maintained Fourplex I’ve ever seen”. It appeared that ...
Will Kern
What Rich Dad Poor Dad gets wrong...
Newbie here. I listen to the BP podcast almost every day, and I notice that Rich Dad Poor Dad is suggested by a large number of guests in the Famous Four, or at least referred to frequently.I've read the book and I th...
Roy N.
Looking for thorough tutorial on US Mortgages
Good morning BP!
We are getting closer to that point in time where purchase of a US residential property (4-unit) will become a reality. In preparation, I am looking for a thorough, but concise tutorial on ...
Jay Hinrichs
Medical Marajuana
Anyone looking at buying acreage and then leasing to those that grow MM
We have looked at some warehouses here in Oregon and Washington.
I know the Denver guys have green light.
Just curious about...
Peter Smith
What to do if your wife is not 100% on board?
Hey guys. My wife and I have been married for 1 year. My wife is someone who takes convincing to take on risks and I understand her concern since my tendency is to pursue things feet first and go after it. She is okay...
Eric M.
What is considered Short Payoff Fraud?
BP member Scott Hubbard posted the Freddie Mac link below in another thread but after reading it, I thought it was important enough to highlight it on its own. To me, it was pretty eye-opening as to what Freddie (and...