Audrey C.
Austin, TX - Need funds for a brand new house building project
To my very knowledgeable peers out there... My just got accepted on an empty lot and now I need to find some financing. I have checked out a private money lending company like Stallion Funding. They will fund the pr...
Gurjot Grewal
Seller not releasing EMD within financing contingency
Hello BP,It's only $1000 but with the language in the contract, it should be returned back to me. My loan was denied due to "excessive obligations" and "lack of income for obligations". I forwarded this to the seller ...
Puja Shah
Property investment in Minneapolis right now. Wait or jump?
Hi all, I am just starting out on BP and would like get a second rental property. I have 1 rental condo in downtown Minneapolis and am ready to get my second one.Which kind of property has the most work involved? Sfh ...
Joe Palmer
Self Directed IRA for first rental property?
I am considering using a SDIRA to purchase my first property and am hoping the BP community can answer some basic questions.1. Can I manage the property or do I need to have a property management Co? I understand I ca...
Jeremy Segermeister
How to reduce closing and selling costs?
Hi All,In progress of my very first flip. I'm starting relatively small for my area to get my education. I purchased the unit for $430k and it appraised for $458k. My agent expects the unit to sell for $530k, but I am...
Nathan Faselt
Do Property Management Companies Charge Fees on Property Bills?
I wanted to get your thoughts and experiences, Do any of the property management companies you use or work for flout the bills for the properties they manage and charge a small fee on that capital?
I was under the ...
Zachary D.
Why tie my money up in SFR and not an 8-unit money factory?
When I look at investing in a SFR versus a multi family property, I can't help but feel like I should just strive to put together a deal on a 4-8 unit building.Is there anyone experienced out there who in hindsight wi...
Ethan S.
What kind of car would you suggest to buy? What do you drive? Why
I was wondering what kind of vehicles most investors drive. Considering that cars are typically the second most expensive things people own. Are you motivated by the fuel economy/MPG? The appearance/style? The brand/r...
David Katz
When to Throw in the Towel?
I purchased 2 turnkey properties through Memphis Invest (now REI Nation) in 2019. Everything was going well with both until about a year ago. For one home, the tenant went bankrupt in mid-2020 and stopped paying ren...
Joshua Wileczek
south jersey duplex investing for cash flow
Hi all,First time real estate investor here. I'm looking to get involved in a turn key duplex in south jersey selling for 140000 and currently rented for 850 per unit. The unit has been on the market for 2 months. Tax...