Amir B.
What Skill Sets Do I need to be a successful investor
Hello BP,I have been considering the skills needed to be a successful remote investor. I'm still learning about cash flow and the local market. Can other investors share the skill sets that helped them be successful i...
Alan Mills
$500,000 Insurance for $100,000 rental?
Closing on my first duplex next week. I called to set up insurance today. The property was built in 1900. Purchase price is $100,000. After answering the typical questions regarding materials and estimations, my insur...
Michael Morelli
Has anyone had any success and or failure with listing a unique s
I’ve noticed boat slips come up for sale in some of the places I go on vacation. The cost to buy a condo/house in these areas are extremely expensive so getting into the vacation rental game is a little difficult. The...
Maryam Mostafa
what do you think about CASH ONLY?
Would you do it? it's my first investment property. not that i have the moeny to cash out a property now anyway. but is it worth it to do so when clearly something major would be worng with a cash only property? it se...
Sebastian Sovero
Non-Disclosure by Seller and by HOA during Escrow. Is my deposit at risk?
Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...
Eamon Conheady
SBA loans
Hello, Just started seriously looking into financing for my new parent entity and was wondering if anyone had input on the SBA loans and other services offered by sba.gov I opened a bank account for my entity at a nat...
Harrison Payne
Funding/Loans and LLC's
A few concerns I have are funding, as well as starting an LLC. I am definitely wanting to start an LLC, but my question is, do I need to create one prior to having my first deal, and will I be able to add previous pro...
Timothy Frazier
Capital gains question for primary residence
My current home is a single family house in my name and with mortgage debt in my name in PA. I have lived in this property for several years and due to the appreciation in my area over that time as well as the upgrade...
Nathan Waters
Who do you use to record a promissory note
I have a few investors interested in putting money up for my next property. This is the midwest so its not a huge sum (30-40K) I am having my lawyer draft up a promissory note to have two investors put in 15K - 20K ea...
George Frye
Joint venture partner terms
I have built a relationship with several possible le joint venture partners. They will only be putting up down payment money. I will be handling managing all other incidental issues.
What are fair yet attractive ter...