Amanda Musumeci Deeter
SDIRA/SD401k... Loopholes to Fund Disqualified Persons?
Hello!My husband's father has funds in his retirement account that he'd love to invest in our REI business. He's willing to move his current IRA into an SD account so to have checkbook capacity, however, we found that...
Sean Moore
Is it best to use personal savings or property equity?
Hello everyone,My husband and I are new to both BP and real estate investments. As we navigate the road to our first investment property we've come into a bit of a dilemma. We're unsure of the best way to finance our...
Anthony Richards
Getting a mortgage on properties purchased on a personal loan?
My friend owns about 7 properties in Rochester, NY that he purchased through a variety of personal loans.To my understanding, he can’t refinance his properties (or can he?) because he doesn’t have a conventional loan ...
Lyuyuan Zhao
Credit Cards? or No Credit Cards at all?
Hi all,I'm 19 years old and I have never had a credit card in my life, and I don't feel the need to get one any time soon. However, I want to eventually qualify for loans so I can start investing. Though no credit car...
Greg Strunak
Cash flow/ passive income
Hi everyone,
I’m currently scaling my Airbnb business and reinvesting all my property’s income into growth. Eventually, I’d like to start using the cash flow to pay myself and work toward replacing my day job income....
Ryan O'Malley
Next Steps after getting 1st Duplex Under Contract
Hi BP crew,
I am closing on my first investment duplex in Rochester, NY at the beginning of October (super exciting!) and want to make sure that I am keeping the ball rolling in terms of investing. I financed through...
Troy B.
Best process for showing and renting to tenants
I think I'm a little unsure about the best way to show a unit to prospective tenants. Do you have a rental application process with credit checks and criminal? Do you take reserve deposits or do you just have them sig...
Allen Tracy
Property Manager Charges 10% markup for all service calls
My property manager charges 10% markup fee for all service calls. So a $250 plumbing call turns into a $275 call. Does that sound crazy or normal? I already pay them a management fee, you'd think that would be incl...
David Gruszka
Off market offer on house needed
Hi - I’m relatively new to the real estate game and am just starting to read multiple books involving this topic.I noticed a house being cleaned up two weeks ago, talked to maintenance people, and was in the right pla...
Nicholas Bagliani
First time home buyer advice
First time buyer here, looking for advice.
Like most first time buyers currently, I’m heavily questioning buying if now is the right time to buy.
I am 29, single, employed, have ample savings, a full VA loan, and a...