Laura Hildreth
Private Lender Pros & Cons?
looking at Private Lender's to fund property. What are pros and cons? Is 1% fee typical? Things to look out for? how do I verify I wont get burned?
Matyas Sustik
When a syndication is managed really badly...
I am invested in a syndication as a limited partner. The property is an apartment complex in the South. It has been struggling for several years now. Distributions were halted before COVID hit and then COVID brought m...
Michael Rinaldi
New IRC Sec 199A Tax News - Safe Harbor to Qualify
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
Rob Strawder
Owner finance mobile home in park
All, I'm buying a mobile home in a park with seller financing. Would someone please describe the necessary steps that should be taken to safely and legally close the transaction, including steps to make monthly paymen...
Justin Klein
Self Storage - startup
Hello all those with self storage investments.I'm writing to get some feedback on a recent investment opportunity in the self storage space in Michigan. I am looking to startup a family business with my dad and sister...
Derek Luttrell
Landlord wants to renovate 2 months into the lease
Hi Everyone, my older sister rents a house in downtown San Diego, and I wanted to reach out for her on here. Two months ago, she and her husband/young kids moved into a 3 bedroom house that rents for $2900/month. It's...
Teri M.
What to look for in public records??
I am interested in wholesaling properties and notes to investors but havent had any luck finding any yet. I have my website up and advertising in quite a few places like twitter, myspace, fb and craigslist but nothing...
Pam Truesdell
ADVICE NEEDED ASAP SELLING OURSELF
Hi & thanks for any help. My husband & I bought raw land June 2014. May 2015 we put on a used MH a new well & new septic. We listed it on Craigslist for sale & had a buyer in 1 week. We live in Florida...
Account Closed
Need advice for setting up LLC, finding mentor
Hello. I am a newbie to REI and I am in the process of setting up my first LLC. I signed up with a company called Your Entity Solution (YES) through another company called WCAP Financial on Thursday for an unlimited L...
Jed Burkey
Dave Ramsey Scenario
Dave Ramsey has told the story of how, when he was in his 20's, he used no/low down payment loans to purchase a large number of properties. However, once the local bank he had been working with was sold, the bank tha...