Andrew Erickson
Tiny Homes - Produced in China
Hello all, I've recently been turned onto the BP podcast and forums. I'm in love! All the recent podcasts about the mobile home parks has got me thinking about some cool ideas. I'm curious what you guys think about an...
Demetrius Davis
Is the Chicago Flipping Market Done?
I've flipped two properties this year, with the most recent one sold in mid-September. I was excited to line up my next deal, but after speaking to my agent I learned that the market has hit a strange slowdown throug...
Gary Harris
WHAT"S THE RIGHT PRICE?
I'm seeking advice from the membership of BP! With all of the money companies are charging for education and mentorship (up to 50k) I want to hear your opinions as to what you think is fair. I know it would depend o...
Matthew Anderson
New landlord problems, tenant that thinks they're in charge
Just bought my first property in Pittsfield, New Hampshire, it's a four-unit built in 1850 my family and I plan to do an owner occupied unit with tenants in the other 3 units. The previous landlord seemed to have fo...
Dan Williams
Are banking relationships important? or does it mean you are over leveraged
Hello All,Background - I own 13 SFH all with conventional mortgages. - Currently, our LTV across all properties is 40%. - No experience with portfolio loans or commercial lending, educational awareness from...
Mark Duhamel
Loan Doctor HCF High Yield CD
Hello all,I have been looking at this new CD for a few months now. My research says it’s legitimate, can’t find anything saying otherwise online. Anyone using this? A 1 month CD returning 6% seems too good to be true ...
Thomas O'Donnell
How to Deal With a Mindset Shift Different From Those Around You
Before I bought my first property 2 months ago, I spent a year and a half educating myself on real estate through books/podcasts/Biggerpockets. During this time I managed to save up a good chunk of change (about $15k)...
Donald Hendricks
MAYDAY! Contractor sucks!
I just moved out of my primary house, which I am converting to a rental. I hired a LifeStyles Unlimited (real estate investors club) recommended vendor from their magic vendor list. Regardless, it appears that this ...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
John Thedford
25K Note For Sale: What Would A Typical Offer Be
Hello all:
I have a man holding a note he wishes to sell. It has a face value of 25K at 6% for five years. The payments are about $480 per month and they have made six payments. Note holder wants 21K for the note...