Alexander B.
Rentals v Land contracts
So many people love rental properties and even though I like the monthly income I don't like being bothered with the overhead. When I think about after you pay the mortgage, insurance, taxes, plus maintenance you have...
Kenneth E.
Review of P2P lending Sites, BP Style
Hey all.
In another discussion on peer to peer lending I came up with an idea. I am willing to identify a multi-family property nearby that is listed on the MLS and will post the particulars on a few of the most pop...
James T.
Estimating ARV for 2-4plexes & deal analysis
Hi everyone,My name is Jimmy and I’m a recently new member and Pro member! I’ve been listening to the BP podcast and BP Money podcast for months and reading many of the books recommended on the show. I love learning a...
Caleb Dryden
1031 Exchange and avoiding capital gains
I'm somewhat familiar with the tax advantages of a 1031 exchange. It's awesome that the government put this act into effect but I do have some questions about the full process. My current understanding: in order to av...
Wesley Mullen
Reducing 401k contributions
As soon as I started my Corporate job, I was told like many others to max out my 401k contributions to take advantage of my Employer match (100% first 3%, 50% next 2%). So I've been contributing 5% the last 5 years. B...
George J Roth
Military buying and renting when moving to a new duty station
Hello all! New to the BP world but would love to hear why or why not to the question below.Should a military member keep a house and rent it when they move to another duty station? I believe the answer is yes (I kno...
Jake Recz
HELOC to purchase, how to get money out and long term finance?
Hello. We are getting ready to invest into a turn-key or a small rehab in the spring. It maybe local or maybe somewhere in the Cleveland area. For now we want to pay down some left over debt. We do have some cash and ...
Omar Johnson
Equity in primary residence for first rental
Hello All, My wife and I are newbies and are looking to get into the rental/flip market here in Charlotte, NC. We were thinking of doing a cash out refinance on our current primary residence to fund our first inve...
Henry Winn
how do you refi a subject -to
hello my BP family I am a newbie working on my first deal its a subject-to. I have a ton of questions but my main one is how do I refinance a subject to and get the loan in my name the seller wants to no how long am...
Christian Valencia
How can I earn $5k/month in passive income and live abroad?
My wife and I are in our early 30's and currently have a 1-bedroom condo in CT renting for $1,750/month with expenses (including mortgage, tax, insurance, etc.) at $1,200. We both work 9-5 jobs in the marketing/event...