Ray Li
Mortgage and Tracing
(Sorry for the horrible formatting, don't know why bullet lists don't show up.)I just want to make sure I understand how the mortgages are traced, from what I've read online and from biggerpockets forums. When I buy a...
Daniel Setnikar
First Investment Property Loan Options
Looking to purchase my first investment property which will be a vacation rental. What are my options to obtain money for the down payment and renovation costs? Seems like the only option would be a personal loan o...
Marc Egeland
New Twin Cities Investor - Minneapolis, MN
Hi BP! My name is Marc Egeland and I am brand new to real estate. I stumbled upon BP a couple of months ago soon after starting to research real estate investing online. Since then I have listened to 40+ hours of BP p...
Amrakh Rustamov
Beginner: Flipping homes
I’m really new to real estate but I’ve had my eye on it for the longest time. I have some money and can get some credit line for buying a house for a flip. Iam really scared to pull the trigger on one though. What do ...
Greg W.
Tax Lien Investing Tips? Hit me!
Hey Gang,
So I've just become interested in Tax Lien investing as of about 2 months ago and have been reading up online as much as possible to better understand them. However, I do realize that "formal" education is...
Kim LeJeune
Tax Advice for a "Lease Option".
Hi,
I have a house that is owned fully by me (no mortgage) that I created a lease option on with a lessee. The FMV is about 165k. I received a 15k down payment and am receiving monthly payments of $1578 for so many ...
Ansari A.
Can expenses be carried over to next tax year?
Hello All, I purchased my first rental property in Houston on August 2017. I listed it for rent right after closing. House required painting and many small repairs (not improvements/capex from what I read from IRS rul...
Mark Smith
Asset Protection
I am about to jump into my first deal, but I have been trying to learn as much as I can about asset protection. I really don't want to get myself into any trouble, so I'd rather be safe than sorry.I'm thinking about ...
Chris Martino
Underwriting Commercial Real Estate
Hello BP, I am searching for any recommendations on best books or resources for underwriting various types of commercial and industrial properties. Looking to learn about how larger REI companies and banks are underwr...
James Breese
JV Partnership Out of State
I have a wholesaling LLC with a partner in Texas. We recently have been speaking with someone in Tennessee and are discussing partnering up on their wholesaling business (located in TN). Are we required or is it a sma...