Bryen Blankenship
Carrying a note on a paid off rental property
I have a fully paid off rental property with a solid tenant in place, but it's in a state with high property taxes (IL). The current tenant wants to purchase a home, but doesn't have a down payment larger enough to qu...
Steve Sendldorfer
Trapped by fear - Utilizing leverage or not for first deal
Hey BP!
My wife and I want to become real estate investors ( buy and hold ) I like the idea of low income and feel comfortable about what problems could potentially come from going that route .... My wife is on board...
Michelle Le Mere
Please point me in the right direction
Hey everyone, I would just like a shove in the right direction. My credit is 780, no debts except my mortgage. My house is valued at 224,000 and I owe 120,000. So, I was thinking I could take out a HELOC on my curr...
Michel Steele
Please clear the air on Tax Lein Certificates vs Tax Deed sales
Tax Lein Certificates and Tax Deed sales are a hot topic, so it seems I'm still not sure I understand the difference between a Tax lien Certificate and a Tax Deed. I know that a Tax Lein is paying the taxes owed and t...
Blake Dials
Multiple Bank Accounts
If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...
Ben Rutkevitz
Paradigm Life, Infinite Banking, Whole Life Insurance
Has anyone on this forum had experience with this company? Paradigm Life claims to use Whole Life Insurance Policies as a financial tool and since i trust this community, I am reaching out to get some referrals.
Bill Mitchell
How fast can you setup an LLC?
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Gigi Smith
Help! Tenant insists there is a leak but repairman can’t find one
Hey everyone, I need some advice. I have a tenant who is complaining that his fridge is broken and leaking, but the repairman cannot find the source of the leak and said the fridge is working perfectly. There is water...
Adam M.
What exactly is meant by "the promote"?
Howdy BP,Was speaking with a fellow sponsor who operates all over Texas' primary markets.There is a deal we were looking at collaborating on and he mentioned we could receive a portion of the "promote". I have done a ...
Anthony Podloski
Condo Hotels in Orlando: Good move, or be wary?
What is the condo/hotel market generally like in Orlando. I'm investigating purchasing a unit, and my main experience is here in Las Vegas. Here it is nearly impossible to get financing for one, and the rental dem...